Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)

Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legal/us/code/title-31/chapter-53/section-5301.md

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+---
+type: "LegalText"
+title: "31 U.S.C. § 5301"
+description: "Buying obligations of the United States Government"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5301"
+citation: "31 U.S.C. § 5301"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5301"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "b6e1587ec7dad6b03f04e22312fcaa4822203116aa687ddcde151f3f08a46bcc"
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+text_hash: "927f7b1abaca59de199737b5917e1486a1dbec78477800a4aaea243ace402a3f"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5301 - Buying obligations of the United States Government
+
+## Text
+
+(a) The President may direct the Secretary of the Treasury to make an agreement with the Federal reserve banks and the Board of Governors of the Federal Reserve System when the President decides that the foreign commerce of the United States is affected adversely because—
+
+(1) the value of coins and currency of a foreign country compared to the present standard value of gold is depreciating;
+
+(2) action is necessary to regulate and maintain the parity of United States coins and currency;
+
+(3) an economic emergency requires an expansion of credit; or
+
+(4) an expansion of credit is necessary so that the United States Government and the governments of other countries can stabilize the value of coins and currencies of a country.
+
+(b) Under an agreement under subsection (a) of this section, the Board shall permit the banks (and the Board is authorized to permit the banks notwithstanding another law) to agree that the banks will—
+
+(1) conduct through each entire specified period open market operations in obligations of the United States Government or corporations in which the Government is the majority stockholder; and
+
+(2) buy directly and hold an additional $3,000,000,000 of obligations of the Government for each agreed period, unless the Secretary consents to the sale of the obligations before the end of the period.
+
+(c) With the approval of the Secretary, the Board may require Federal reserve banks to take action the Secretary and Board consider necessary to prevent unreasonable credit expansion.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 993.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5301(a), (b)31:821(less (a)(last sentence)).May 12, 1933, ch. 25, § 43(less (b)(1)(last sentence)), 48 Stat. 51; Jan. 30, 1934, ch. 6, § 12, 48 Stat. 342; Jan. 23, 1937, ch. 5, § 2, 50 Stat. 4; July 6, 1939, ch. 260, § 3, 53 Stat. 998; June 30, 1941, ch. 265, § 2, 55 Stat. 396; June 12, 1945, ch. 186, § 4, 59 Stat. 238; Mar. 18, 1968, Pub. L. 90–269, § 9, 82 Stat. 50. 5301(c)31:821(a)(last sentence). In subsection (a), before clause (1), the text of 31:821(b)(matter before (1)) is omitted as obsolete because clause (1) is omitted as executed, and clause (2) is omitted as expired. The text of 31:821(b)(matter after (2)) is omitted as obsolete because silver is no longer coined. The words “in his discretion” and “several” are omitted as surplus. The words “Board of Governors of the Federal Reserve System” are substituted for “Federal Reserve Board” because of 12:241. The words “upon investigation” are omitted as surplus. In clause (1), the word “foreign” is substituted for “of any other government or governments” to eliminate unnecessary words. The words “coins and” are added for consistency. In clause (2), the words “United States coins and currency” are substituted for “currency issues of the United States” for consistency. In clause (4), the words “so that the United States Government and the governments of other countries can stabilize” are substituted for “to secure by international agreement a stabilization” for clarity. The words “at proper levels” are omitted as surplus. In subsection (b), before clause (1), the words “(and the Board is authorized to permit the banks notwithstanding another law)” are substituted for “notwithstanding any provisions of law or rules and regulations to the contrary” for clarity. In clause (1), the words “pursuant to existing law” are omitted as surplus. The words “through each entire” are substituted for “throughout” for clarity. In clause (2), the words “in portfolio”, “or periods of time Treasury bills or other” and “in an aggregate sum of” are omitted as surplus.
+
+Statutory Notes and Related Subsidiaries
+
+Short Title of 2021 AmendmentPub. L. 116–283, div. F, § 6001, Jan. 1, 2021, 134 Stat. 4547, provided that: “This division [see Tables for classification] may be cited as the ‘Anti-Money Laundering Act of 2020’.” Pub. L. 116–283, div. F, title LXIV, § 6401, Jan. 1, 2021, 134 Stat. 4604, provided that: “This title [enacting section 5336 of this title, amending sections 5321 and 5322 of this title, and enacting provisions set out as notes under sections 5311 and 5336 of this title] may be cited as the ‘Corporate Transparency Act’.” Pub. L. 116–283, div. H, title XCVII, § 9711, Jan. 1, 2021, 134 Stat. 4838, provided that: “This subtitle [subtitle B (§§ 9711–9714) of title XCVII of div. H of Pub. L. 116–283, enacting provisions set out as notes under sections 5311 and 5318A of this title] may be cited as the ‘Combating Russian Money Laundering Act’.”
+
+Short Title of 2006 AmendmentPub. L. 109–347, title VIII, § 801, Oct. 13, 2006, 120 Stat. 1952, provided that: “This title [enacting sections 5361 to 5367 of this title and provisions set out as a note under section 5361 of this title] may be cited as the ‘Unlawful Internet Gambling Enforcement Act of 2006’.”
+
+Short Title of 2004 AmendmentPub. L. 108–458, title VI, § 6201, Dec. 17, 2004, 118 Stat. 3745, provided that: “This subtitle [subtitle C (§§ 6201–6205) of title VI of Pub. L. 108–458, amending sections 310, 5312, 5318, 5318A, 5324, and 5332 of this title, sections 1828, 1829b, and 1953 of Title 12, Banks and Banking, section 1681v of Title 15, Commerce and Trade, and section 262p–4r of Title 22, Foreign Relations and Intercourse, enacting provisions set out as a note under section 1828 of Title 12, amending provisions set out as notes under sections 310, 5311, and 5331 of this title and sections 1828 and 1842 of Title 12, and repealing provisions set out as a note under section 5311 of this title] may be cited as the ‘International Money Laundering Abatement and Financial Antiterrorism Technical Corrections Act of 2004’.”
+
+Short Title of 2001 AmendmentPub. L. 107–56, title III, § 301, Oct. 26, 2001, 115 Stat. 296, provided that: “This title [enacting sections 310, 5318A, 5331, and 5332 of this title, section 1681v of Title 15, Commerce and Trade, and section 262p–4r of Title 22, Foreign Relations and Intercourse, amending sections 5311, 5312, 5317, 5318, 5319, 5321, 5322, 5324, 5326, 5328, 5330, and 5341 of this title, sections 248, 1828, 1829b, 1842, 1953, 3412, 3414, and 3420 of Title 12, Banks and Banking, section 1681u of Title 15, sections 470 to 474, 476 to 484, 493, 981 to 983, 1029, 1956, and 1960 of Title 18, Crimes and Criminal Procedure, section 853 of Title 21, Food and Drugs, and sections 2466 and 2467 of Title 28, Judiciary and Judicial Procedure, renumbering former section 310 of this title as section 311, and enacting provisions set out as notes under sections 310, 5311, 5313, 5314, 5318, 5331, and 5332 of this title, sections 1828, 1829b, and 1842 of Title 12, and section 983 of Title 18] may be cited as the ‘International Money Laundering Abatement and Financial Anti-Terrorism Act of 2001’.”
+
+Short Title of 1998 AmendmentPub. L. 105–310, § 1, Oct. 30, 1998, 112 Stat. 2941, provided that: “This Act [enacting subchapter III of this chapter and provisions set out as a note under section 5342 of this title] may be cited as the ‘Money Laundering and Financial Crimes Strategy Act of 1998’.”
+
+Short Title of 1994 AmendmentPub. L. 103–325, title IV, § 401, Sept. 23, 1994, 108 Stat. 2243, provided that: “This title [enacting section 5330 of this title, amending sections 5312, 5313, 5318, 5321, 5322, and 5324 of this title, sections 93, 1464, 1772d, 1786, 1818, and 1821 of Title 12, Banks and Banking, and sections 984, 986, 1956, 1957, and 1960 of Title 18, Crimes and Criminal Procedure, and enacting provisions set out as notes under sections 5311, 5313, 5318, and 5330 of this title] may be cited as the ‘Money Laundering Suppression Act of 1994’.”

legal/us/code/title-31/chapter-53/section-5303.md

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+---
+type: "LegalText"
+title: "31 U.S.C. § 5303"
+description: "Reserved coins and currencies of foreign countries"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5303"
+citation: "31 U.S.C. § 5303"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5303"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "d8def3c8f15d9188b1fe9d35923bb9af614fa0059a2f3ac2f190ea49fb677bba"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "90a679161a262983fe07dac3e44c79c63b12a53172bf32c353db485750972c4d"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5303 - Reserved coins and currencies of foreign countries
+
+## Text
+
+An agency may use coins and currencies of a foreign country the United States Government holds that are or may be reserved for a specific program or activity of an agency. The agency shall reimburse the Treasury from appropriations and shall replace the coins and currencies when they are needed for the program or activity for which they were reserved originally.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 994.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 530331:938.Oct. 15, 1966, Pub. L. 89–677, 80 Stat. 955. The word “Federal” is omitted as unnecessary because of the definition of “agency” in section 101 of the revised title. The words “coins and” and “Government” are added for consistency. The words “or set aside” and “of the Government” are omitted as surplus. The words “The agency shall reimburse . . . shall replace” are substituted for “except (1) that reimbursement shall be made . . . (2) . . . shall be replaced” for clarity. The words “applicable . . . of the agency concerned” are omitted as surplus. The words “program or activity” are substituted for “purpose” for clarity and consistency.

legal/us/code/title-31/chapter-53/section-5304.md

@@ -0,0 +1,43 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5304"
+description: "Regulations"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5304"
+citation: "31 U.S.C. § 5304"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5304"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "2ce5d8a092006f6dde4280804244afbcc9f786100c214eba0ba034cd61feae49"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "5d188753f530c9a3b8c4525acaf13750f92ff46fe3141a216ee1e411d125b36e"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5304 - Regulations
+
+## Text
+
+With the approval of the President, the Secretary of the Treasury may prescribe regulations—
+
+(1) to carry out section 5301 of this title; and
+
+(2) the Secretary considers necessary to carry out section 5302 of this title.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 994.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 530431:822.May 12, 1933, ch. 25, § 44, 48 Stat. 53. 31:822b.Jan. 30, 1934, ch. 6, § 11, 48 Stat. 342. Before clause (1), the words “prescribe regulations” are substituted for “make and promulgate rules and regulations” in 31:822 and “issue . . . such rules and regulations” in 31:822b for consistency. In clause (1), the words “to carry out” are substituted for “covering any action taken or to be taken by the President under” in 31:822 to eliminate unnecessary words. In clause (2), the words “or proper” in 31:822b and “the purposes of” are omitted as surplus. Reference to 31:821 is omitted as obsolete because silver is no longer coined. Reference to 31:824 is omitted as obsolete because 31:824 is executed and is not part of the revised title.

legal/us/code/title-31/chapter-53/section-5312.md

@@ -0,0 +1,147 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5312"
+description: "Definitions and application"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5312"
+citation: "31 U.S.C. § 5312"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5312"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "34407d5786825d95aa32fd2debfb2371029795c3a3cf598e8f9fd70ab8f7896d"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5312 - Definitions and application
+
+## Text
+
+(a) In this subchapter—
+
+(1) “financial agency” means a person acting for a person (except for a country, a monetary or financial authority acting as a monetary or financial authority, or an international financial institution of which the United States Government is a member) as a financial institution, bailee, depository trustee, or agent, or acting in a similar way related to money, credit, securities, gold, a transaction in money, credit, securities or gold, or a service provided with respect to money, securities, futures, precious metals, stones and jewels, or value that substitutes for currency.
+
+(2) “financial institution” means—
+
+(A) an insured bank (as defined in section 3(h) of the Federal Deposit Insurance Act (12 U.S.C. 1813(h)));
+
+(B) a commercial bank or trust company;
+
+(C) a private banker;
+
+(D) an agency or branch of a foreign bank in the United States;
+
+(E) any credit union;
+
+(F) a thrift institution;
+
+(G) a broker or dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.);
+
+(H) a broker or dealer in securities or commodities;
+
+(I) an investment banker or investment company;
+
+(J) a currency exchange, or a business engaged in the exchange of currency, funds, or value that substitutes for currency or funds;
+
+(K) an issuer, redeemer, or cashier of travelers’ checks, checks, money orders, or similar instruments;
+
+(L) an operator of a credit card system;
+
+(M) an insurance company;
+
+(N) a dealer in precious metals, stones, or jewels;
+
+(O) a pawnbroker;
+
+(P) a loan or finance company;
+
+(Q) a travel agency;
+
+(R) a licensed sender of money or any other person who engages as a business in the transmission of currency, funds, or value that substitutes for currency, including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system;
+
+(S) a telegraph company;
+
+(T) a business engaged in vehicle sales, including automobile, airplane, and boat sales;
+
+(U) persons involved in real estate closings and settlements;
+
+(V) the United States Postal Service;
+
+(W) an agency of the United States Government or of a State or local government carrying out a duty or power of a business described in this paragraph;
+
+(X) a casino, gambling casino, or gaming establishment with an annual gaming revenue of more than $1,000,000 which—
+
+(i) is licensed as a casino, gambling casino, or gaming establishment under the laws of any State or any political subdivision of any State; or
+
+(ii) is an Indian gaming operation conducted under or pursuant to the Indian Gaming Regulatory Act other than an operation which is limited to class I gaming (as defined in section 4(6) of such Act);
+
+(Y) any business or agency which engages in any activity which the Secretary of the Treasury determines, by regulation, to be an activity which is similar to, related to, or a substitute for any activity in which any business described in this paragraph is authorized to engage; or
+
+(Z) any other business designated by the Secretary whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.
+
+(3) “monetary instruments” means—
+
+(A) United States coins and currency;
+
+(B) as the Secretary may prescribe by regulation, coins and currency of a foreign country, travelers’ checks, bearer negotiable instruments, bearer investment securities, bearer securities, stock on which title is passed on delivery, and similar material;
+
+(C) as the Secretary of the Treasury shall provide by regulation for purposes of sections 5316 and 5331, checks, drafts, notes, money orders, and other similar instruments which are drawn on or by a foreign financial institution and are not in bearer form; and
+
+(D) as the Secretary shall provide by regulation, value that substitutes for any monetary instrument described in subparagraph (A), (B), or (C).
+
+(4) Nonfinancial trade or business.— The term “nonfinancial trade or business” means any trade or business other than a financial institution that is subject to the reporting requirements of section 5313 and regulations prescribed under such section.
+
+(5) “person”, in addition to its meaning under section 1 of title 1, includes a trustee, a representative of an estate and, when the Secretary prescribes, a governmental entity.
+
+(6) “United States” means the States of the United States, the District of Columbia, and, when the Secretary prescribes by regulation, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands, American Samoa, the Trust Territory of the Pacific Islands, a territory or possession of the United States, or a military or diplomatic establishment.
+
+(b) In this subchapter—
+
+(1) “domestic financial agency” and “domestic financial institution” apply to an action in the United States of a financial agency or institution.
+
+(2) “foreign financial agency” and “foreign financial institution” apply to an action outside the United States of a financial agency or institution.
+
+(c) Additional Definitions.— For purposes of this subchapter, the following definitions shall apply:
+
+(1) 11 So in original. No par. (2) has been enacted. Certain institutions included in definition.— The term “financial institution” (as defined in subsection (a)) includes the following:
+
+(A) 22 So in original. No subpar. (B) has been enacted. Any futures commission merchant, commodity trading advisor, or commodity pool operator registered, or required to register, under the Commodity Exchange Act.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 995; Pub. L. 99–570, title I, § 1362, Oct. 27, 1986, 100 Stat. 3207–33; Pub. L. 100–690, title VI, § 6185(a), (g)(1), Nov. 18, 1988, 102 Stat. 4354, 4357; Pub. L. 103–325, title IV, §§ 405, 409, Sept. 23, 1994, 108 Stat. 2247, 2252; Pub. L. 107–56, title III, §§ 321(a), (b), 359(a), 365(c)(1), (2)(A), Oct. 26, 2001, 115 Stat. 315, 328, 335; Pub. L. 108–458, title VI, §§ 6202(g), 6203(b), Dec. 17, 2004, 118 Stat. 3746; Pub. L. 116–283, div. F, title LXI, §§ 6102(d)(1), 6110(a)(1), Jan. 1, 2021, 134 Stat. 4553, 4561.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5312(a)(1)31:1052(a), (b), (g), (i).Oct. 26, 1970, Pub. L. 91–508, § 203(a)–(i), (l), 84 Stat. 1118. 5312(a)(2)31:1052(e). 5312(a)(3)31:1052(l). 5312(a)(4)31:1052(c). 5312(a)(5)31:1052(d). 5312(b)31:1052(f), (h). In subsection (a)(1), the text of 31:1052(a) is omitted as unnecessary. The text of 31:1052(b) is omitted because of the restatement. The text of 31:1052(i) is omitted as unnecessary because the source provision is restated where necessary in the revised subchapter. In subsection (a)(2), (3), (4), and (5), the words “the Secretary . . . prescribes” are substituted for “specified by the Secretary by regulation”, “as the Secretary may by regulation specify”, “specified by the Secretary”, and “the Secretary shall by regulation specify” for consistency. In subsection (a)(2) and (3), the words “for the purposes of the provision of this chapter to which the regulation relates” are omitted as surplus. In subsection (a)(2), before subclause (A), the words “any person which does business in any one or more of the following capacities” are omitted as surplus. In subclause (F), the words “savings bank, building and loan association, credit union, industrial bank, or other” are omitted as surplus. In subclause (T), the words “agency of the United States Government or of a State or local government” are substituted for “Federal, State, or local government institution” for consistency. In subclause (U), the words “type of” are omitted as surplus. The word “agency” is substituted for “institution” for consistency. In subsection (a)(3)(B)–(5), the word “prescribe” is substituted for “specify” for consistency in the revised title and with other titles of the United States Code. In subsection (a)(3)(B), the words “in addition”, and “and such types of” are omitted as surplus. The words “similar material” are substituted for “the equivalent thereof” for clarity. In subsection (a)(4), the words “in addition to its meaning under section 1 of title 1” are substituted for “natural persons, partnerships, . . . associations, corporations, and all entities cognizable as legal personalities” for consistency because 1:1 is applicable to all laws unless otherwise provided. The words “a trustee, a representative of an estate” are substituted for “trusts, estates”, and the word “entity” is substituted for “department or agency”, for consistency. The words “either for the purpose of this chapter generally or any particular requirement thereunder” are omitted as surplus. In subsection (a)(5), the words “used in a geographic sense” are omitted because of the restatement. The words “either for the purposes of this chapter generally or any particular requirement thereunder” are omitted as surplus. The words “territory or” are added for consistency. Subsection (b) is substituted for 31:1052(f) and (h) to eliminate unnecessary words and for consistency.
+
+Amendment of Subsection (a)(2)Pub. L. 116–283, div. F, title LXI, § 6110(a), Jan. 1, 2021, 134 Stat. 4561, provided that, effective on the effective date of the final rules issued by the Secretary of the Treasury pursuant to section 6110(b) of Pub. L. 116–283 (set out below), subsection (a)(2) of this section is amended— (1) by redesignating subparagraphs (Y) and (Z) as subparagraphs (Z) and (AA), respectively; and (2) by inserting after subparagraph (X) the following: “(Y) a person engaged in the trade of antiquities, including an advisor, consultant, or any other person who engages as a business in the solicitation or the sale of antiquities, subject to regulations prescribed by the Secretary;”. See 2021 Amendment note and Rulemaking note below.
+
+Editorial Notes
+
+References in TextThe Securities Exchange Act of 1934, referred to in subsec. (a)(2)(G), is act June 6, 1934, ch. 404, 48 Stat. 881, which is classified principally to chapter 2B (§ 78a et seq.) of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see section 78a of Title 15 and Tables. The Indian Gaming Regulatory Act, referred to in subsec. (a)(2)(X)(ii), is Pub. L. 100–497, Oct. 17, 1988, 102 Stat. 2467, which is classified principally to chapter 29 (§ 2701 et seq.) of Title 25, Indians. Section 4(6) of the Act is classified to section 2703(6) of Title 25. For complete classification of this Act to the Code, see Short Title note set out under section 2701 of this title and Tables. The Commodity Exchange Act, referred to in subsec. (c)(1)(A), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is classified generally to chapter 1 (§ 1 et seq.) of Title 7, Agriculture. For complete classification of this Act to the Code, see section 1 of Title 7 and Tables.
+
+Amendments2021—Subsec. (a)(1). Pub. L. 116–283, § 6102(d)(1)(A), substituted “, a transaction in money, credit, securities or gold, or a service provided with respect to money, securities, futures, precious metals, stones and jewels, or value that substitutes for currency” for “, or a transaction in money, credit, securities, or gold”. Subsec. (a)(2)(J). Pub. L. 116–283, § 6102(d)(1)(B)(i), inserted “, or a business engaged in the exchange of currency, funds, or value that substitutes for currency or funds” before semicolon at end. Subsec. (a)(2)(R). Pub. L. 116–283, § 6102(d)(i)(B)(ii), substituted “currency, funds, or value that substitutes for currency,” for “funds,”. Subsec. (a)(2)(Y) to (AA). Pub. L. 116–283, § 6110(a)(1), added subpar. (Y) and redesignated former subpars. (Y) and (Z) as (Z) and (AA), respectively. Subsec. (a)(3)(D). Pub. L. 116–283, § 6102(d)(1)(C), added subpar. (D). 2004—Subsec. (a)(2)(E). Pub. L. 108–458, § 6202(g), made technical correction to directory language of Pub. L. 107–56, § 321(a). See 2001 Amendment note below. Subsec. (a)(3)(C). Pub. L. 108–458, § 6203(b), substituted “sections 5316 and 5331” for “sections 5333 and 5316”. 2001—Subsec. (a)(2)(E). Pub. L. 107–56, § 321(a), as amended by Pub. L. 108–458, § 6202(g), amended subpar. (E) generally. Prior to amendment, subpar. (E) read as follows: “an insured institution (as defined in section 401(a) of the National Housing Act (12 U.S.C. 1724(a)));”. Subsec. (a)(2)(R). Pub. L. 107–56, § 359(a), amended subpar. (R) generally. Prior to amendment, subpar. (R) read as follows: “a licensed sender of money;”. Subsec. (a)(3)(C). Pub. L. 107–56, § 365(c)(2)(A), substituted “sections 5333 and 5316,” for “section 5316,”. Subsec. (a)(4) to (6). Pub. L. 107–56, § 365(c)(1), added par. (4) and redesignated former pars. (4) and (5) as (5) and (6), respectively. Subsec. (c). Pub. L. 107–56, § 321(b), added subsec. (c). 1994—Subsec. (a)(2)(X) to (Z). Pub. L. 103–325, § 409, added subpar. (X) and redesignated former subpars. (X) and (Y) as (Y) and (Z), respectively. Subsec. (a)(3)(C). Pub. L. 103–325, § 405, added subpar. (C). 1988—Subsec. (a)(2)(T) to (Y). Pub. L. 100–690, § 6185(a), added subpars. (T) to (Y) and struck out former subpars. (T) and (U) which read as follows: “(T) an agency of the United States Government or of a State or local government carrying out a duty or power of a business described in this clause (2), including the United States Postal Service; or “(U) another business or agency carrying out a similar, related, or substitute duty or power the Secretary of the Treasury prescribes.” Subsec. (a)(5). Pub. L. 100–690, § 6185(g)(1), inserted a comma after “Puerto Rico” and struck out second comma after “Pacific Islands”. 1986—Subsec. (a)(2)(T). Pub. L. 99–570, § 1362(a), which directed that the Postal Service be included within United States agencies by amending subsec. (a)(2)(U) of this section by inserting before the semicolon at the end thereof the following “, including the United States Postal Service”, was executed to subsec. (a)(2)(T) of this section as the probable intent of Congress, because subsec. (a)(2)(U) does not contain a semicolon and subsec. (a)(2)(T) relates to United States agencies. Subsec. (a)(5). Pub. L. 99–570, § 1362(b), inserted “the Virgin Islands, Guam, the Northern Mariana Islands, American Samoa, the Trust Territory of the Pacific Islands,” after “Puerto Rico”.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2021 AmendmentPub. L. 116–283, div. F, title LXI, § 6110(a)(2), Jan. 1, 2021, 134 Stat. 4562, provided that: “Section 5312(a)(2)(Y) of title 31, United States Code, as added by paragraph (1), shall take effect on the effective date of the final rules issued by the Secretary of the Treasury pursuant to subsection (b) [see note below].”
+
+Effective Date of 2004 AmendmentAmendment by Pub. L. 108–458 effective as if included in Pub. L. 107–56, as of the date of enactment of such Act, and no amendment made by Pub. L. 107–56 that is inconsistent with such amendment to be deemed to have taken effect, see section 6205 of Pub. L. 108–458, set out as a note under section 1828 of Title 12, Banks and Banking.
+
+RulemakingPub. L. 116–283, div. F, title LXI, § 6110(b), Jan. 1, 2021, 134 Stat. 4562, provided that: “(1) In general.—Not later than 360 days after the date of enactment of this Act [Jan. 1, 2021], the Secretary of the Treasury shall issue proposed rules to carry out the amendments made by subsection (a) [amending this section]. “(2) Considerations.—Before issuing a proposed rule under paragraph (1), the Secretary of the Treasury (acting through the Director of the FinCEN [Financial Crimes Enforcement Network of the Department of the Treasury]), in coordination with the Federal Bureau of Investigation, the Attorney General, and Homeland Security Investigations, shall consider—“(A) the appropriate scope for the rulemaking, including determining which persons should be subject to the rulemaking, by size, type of business, domestic or international geographical locations, or otherwise; “(B) the degree to which the regulations should focus on high-value trade in antiquities, and on the need to identify the actual purchasers of such antiquities, in addition to the agents or intermediaries acting for or on behalf of such purchasers; “(C) the need, if any, to identify persons who are dealers, advisors, consultants, or any other persons who engage as a business in the trade in antiquities; “(D) whether thresholds should apply in determining which persons to regulate; “(E) whether certain exemptions should apply to the regulations; and “(F) any other matter the Secretary determines appropriate.”
+
+Executive Documents
+
+Termination of Trust Territory of the Pacific Islands For termination of Trust Territory of the Pacific Islands, see note set out preceding section 1681 of Title 48, Territories and Insular Possessions.

legal/us/code/title-31/chapter-53/section-5313.md

@@ -0,0 +1,129 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5313"
+description: "Reports on domestic coins and currency transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5313"
+citation: "31 U.S.C. § 5313"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5313"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "78d87c8304a81b7134361d1b327d32eae290a6f373d08522f24abcd127d17f43"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "a78c23680caccfd97a5579d93e6e49cf2297a2e60e1fcf0a810b5c9ed7189ca1"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5313 - Reports on domestic coins and currency transactions
+
+## Text
+
+(a) When a domestic financial institution is involved in a transaction for the payment, receipt, or transfer of United States coins or currency (or other monetary instruments the Secretary of the Treasury prescribes), in an amount, denomination, or amount and denomination, or under circumstances the Secretary prescribes by regulation, the institution and any other participant in the transaction the Secretary may prescribe shall file a report on the transaction at the time and in the way the Secretary prescribes. A participant acting for another person shall make the report as the agent or bailee of the person and identify the person for whom the transaction is being made.
+
+(b) The Secretary may designate a domestic financial institution as an agent of the United States Government to receive a report under this section. However, the Secretary may designate a domestic financial institution that is not insured, chartered, examined, or registered as a domestic financial institution only if the institution consents. The Secretary may suspend or revoke a designation for a violation of this subchapter or a regulation under this subchapter (except a violation of section 5315 of this title or a regulation prescribed under section 5315), section 411 11 See References in Text note below. of the National Housing Act (12 U.S.C. 1730d), or section 21 of the Federal Deposit Insurance Act (12 U.S.C. 1829b).
+
+(c) (1) A person (except a domestic financial institution designated under subsection (b) of this section) required to file a report under this section shall file the report—
+
+(A) with the institution involved in the transaction if the institution was designated;
+
+(B) in the way the Secretary prescribes when the institution was not designated; or
+
+(C) with the Secretary.
+
+(2) The Secretary shall prescribe—
+
+(A) the filing procedure for a domestic financial institution designated under subsection (b) of this section; and
+
+(B) the way the institution shall submit reports filed with it.
+
+(d) Mandatory Exemptions From Reporting Requirements.— (1) In general.— The Secretary of the Treasury shall exempt, pursuant to section 5318(a)(6), a depository institution from the reporting requirements of subsection (a) with respect to transactions between the depository institution and the following categories of entities:
+
+(A) Another depository institution.
+
+(B) A department or agency of the United States, any State, or any political subdivision of any State.
+
+(C) Any entity established under the laws of the United States, any State, or any political subdivision of any State, or under an interstate compact between 2 or more States, which exercises governmental authority on behalf of the United States or any such State or political subdivision.
+
+(D) Any business or category of business the reports on which have little or no value for law enforcement purposes.
+
+(2) Notice of exemption.— The Secretary of the Treasury shall publish in the Federal Register at such times as the Secretary determines to be appropriate (but not less frequently than once each year) a list of all the entities whose transactions with a depository institution are exempt under this subsection from the reporting requirements of subsection (a).
+
+(e) Discretionary Exemptions From Reporting Requirements.— (1) In general.— The Secretary of the Treasury may exempt, pursuant to section 5318(a)(6), a depository institution from the reporting requirements of subsection (a) with respect to transactions between the depository institution and a qualified business customer of the institution on the basis of information submitted to the Secretary by the institution in accordance with procedures which the Secretary shall establish.
+
+(2) Qualified business customer defined.— For purposes of this subsection, the term “qualified business customer” means a business which—
+
+(A) maintains a transaction account (as defined in section 19(b)(1)(C) of the Federal Reserve Act) at the depository institution;
+
+(B) frequently engages in transactions with the depository institution which are subject to the reporting requirements of subsection (a); and
+
+(C) meets criteria which the Secretary determines are sufficient to ensure that the purposes of this subchapter are carried out without requiring a report with respect to such transactions.
+
+(3) Criteria for exemption.— The Secretary of the Treasury shall establish, by regulation, the criteria for granting and maintaining an exemption under paragraph (1).
+
+(4) Guidelines.— (A) In general.— The Secretary of the Treasury shall establish guidelines for depository institutions to follow in selecting customers for an exemption under this subsection.
+
+(B) Contents.— The guidelines may include a description of the types of businesses or an itemization of specific businesses for which no exemption will be granted under this subsection to any depository institution.
+
+(5) Annual review.— The Secretary of the Treasury shall prescribe regulations requiring each depository institution to—
+
+(A) review, at least once each year, the qualified business customers of such institution with respect to whom an exemption has been granted under this subsection; and
+
+(B) upon the completion of such review, resubmit information about such customers, with such modifications as the institution determines to be appropriate, to the Secretary for the Secretary’s approval.
+
+(6) 2-year phase-in provision.— During the 2-year period beginning on the date of enactment of the Money Laundering Suppression Act of 1994, this subsection shall be applied by the Secretary on the basis of such criteria as the Secretary determines to be appropriate to achieve an orderly implementation of the requirements of this subsection.
+
+(f) Provisions Applicable to Mandatory and Discretionary Exemptions.— (1) Limitation on liability of depository institutions.— No depository institution shall be subject to any penalty which may be imposed under this subchapter for the failure of the institution to file a report with respect to a transaction with a customer for whom an exemption has been granted under subsection (d) or (e) unless the institution—
+
+(A) knowingly files false or incomplete information to the Secretary with respect to the transaction or the customer engaging in the transaction; or
+
+(B) has reason to believe at the time the exemption is granted or the transaction is entered into that the customer or the transaction does not meet the criteria established for granting such exemption.
+
+(2) Coordination with other provisions.— Any exemption granted by the Secretary of the Treasury under section 5318(a) in accordance with this section, and any transaction which is subject to such exemption, shall be subject to any other provision of law applicable to such exemption, including—
+
+(A) the authority of the Secretary, under section 5318(a)(6), to revoke such exemption at any time; and
+
+(B) any requirement to report, or any authority to require a report on, any possible violation of any law or regulation or any suspected criminal activity.
+
+(g) Depository Institution Defined.— For purposes of this section, the term “depository institution”—
+
+(1) has the meaning given to such term in section 19(b)(1)(A) of the Federal Reserve Act; and
+
+(2) includes—
+
+(A) any branch, agency, or commercial lending company (as such terms are defined in section 1(b) of the International Banking Act of 1978);
+
+(B) any corporation chartered under section 25A of the Federal Reserve Act; and
+
+(C) any corporation having an agreement or undertaking with the Board of Governors of the Federal Reserve System under section 25 of the Federal Reserve Act.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 996; Pub. L. 103–325, title IV, § 402(a), Sept. 23, 1994, 108 Stat. 2243.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5313(a)31:1081.Oct. 26, 1970, Pub. L. 91–508, §§ 221–223, 84 Stat. 1122. 31:1082. 5313(b)31:1083(a). 5313(c)31:1083(b). In subsection (a), the words “coins or” are added, and the words “prescribe” and “prescribes” are substituted for “specify” in 31:1081, and “require”, for consistency. The words “other parties thereto or” in 31:1082 are omitted as surplus. The words “to the Secretary” in 31:1081 are omitted as unnecessary and for clarity. The words “in such detail” are omitted as surplus. The words “A participant acting for another person shall make the report as the agent or bailee of the person and identify the person for whom the transaction is being made” are substituted for 31:1082(last sentence) for clarity and to eliminate unnecessary words. In subsection (b), the words “in his discretion” and “individually or by class” are omitted as surplus. The word “Government” is added for consistency. The words “or a regulation under this subchapter”, are added because of the restatement. The words “(except a violation of section 5315 of this title or a regulation prescribed under section 5315)” are added because 31:1141–1143 was not enacted as a part of the Currency and Foreign Transactions Reporting Act that is restated in this subchapter. In subsection (c)(1), clause (A) is substituted for “with respect to a domestic financial institution . . . with that institution” for clarity. Clause (C) is substituted for “any such person may, at his election and in lieu of filing the report in the manner hereinabove prescribed, file the report with the Secretary” to eliminate unnecessary words.
+
+Editorial Notes
+
+References in TextSection 411 of the National Housing Act, referred to in subsec. (b), which was classified to section 1730d of Title 12, Banks and Banking, was repealed by Pub. L. 101–73, title IV, § 407, Aug. 9, 1989, 103 Stat. 363. Section 19(b)(1)(A) and (C) of the Federal Reserve Act, referred to in subsecs. (e)(2)(A) and (g)(1), is classified to section 461(b)(1)(A) and (C) of Title 12. The date of enactment of the Money Laundering Suppression Act of 1994, referred to in subsec. (e)(6), is the date of enactment of title IV of Pub. L. 103–325, which was approved Sept. 23, 1994. Section 1(b) of the International Banking Act of 1978, referred to in subsec. (g)(2)(A), is classified to section 3101 of Title 12. Sections 25 and 25A of the Federal Reserve Act, referred to in subsec. (g)(2)(B), (C), are classified to subchapters I (§§ 601 et seq.) and II (§§ 611 et seq.), respectively, of chapter 6 of Title 12.
+
+Amendments1994—Subsecs. (d) to (g). Pub. L. 103–325 added subsecs. (d) to (g).
+
+Statutory Notes and Related Subsidiaries
+
+Currency Transaction Reports and Suspicious Activity Reports Thresholds ReviewPub. L. 116–283, div. F, title LXII, § 6205, Jan. 1, 2021, 134 Stat. 4570, provided that: “(a) Review of Thresholds for Certain Currency Transaction Reports and Suspicious Activity Reports.—The Secretary [of the Treasury], in consultation with the Attorney General, the Director of National Intelligence, the Secretary of Homeland Security, the Federal functional regulators, State bank supervisors, State credit union supervisors, and other relevant stakeholders, shall review and determine whether the dollar thresholds, including aggregate thresholds, under sections 5313, 5318(g), and 5331 of title 31, United States Code, including regulations issued under those sections, should be adjusted. “(b) Considerations.—In making the determinations required under subsection (a), the Secretary, in consultation with the Attorney General, the Director of National Intelligence, the Secretary of Homeland Security, the Federal functional regulators, State bank supervisors, State credit union supervisors, and other relevant stakeholders, shall—“(1) rely substantially on information obtained through the BSA Data Value Analysis Project conducted by FinCEN [Financial Crimes Enforcement Network of the Department of the Treasury] and on information obtained through the Currency Transaction Report analyses conducted by the Comptroller General of the United States; and “(2) consider—“(A) the effects that adjusting the thresholds would have on law enforcement, intelligence, national security, and homeland security agencies; “(B) the costs likely to be incurred or saved by financial institutions from any adjustment to the thresholds; “(C) whether adjusting the thresholds would better conform the United States with international norms and standards to counter money laundering and the financing of terrorism; “(D) whether currency transaction report thresholds should be tied to inflation or otherwise be adjusted based on other factors consistent with the purposes of the Bank Secrecy Act; “(E) any other matter that the Secretary determines is appropriate. “(c) Report and Rulemakings.—Not later than 1 year after the date of enactment of this Act [Jan. 1, 2021], the Secretary, in consultation with the Attorney General, the Director of National Intelligence, the Secretary of Homeland Security, the Federal functional regulators, State bank supervisors, State credit union supervisors, and other relevant stakeholders, shall—“(1) publish a report of the findings from the review required under subsection (a); and “(2) propose rulemakings, as appropriate, to implement the findings and determinations described in paragraph (1). “(d) Updates.—Not less frequently than once every 5 years during the 10-year period beginning on the date of enactment of this Act, the Secretary shall—“(1) evaluate findings and rulemakings described in subsection (c); and “(2) transmit a written summary of the evaluation to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate; and “(3) propose rulemakings, as appropriate, in response to the evaluation required under paragraph (1).” [For definitions of terms used in section 6205 of Pub. L. 116–283, set out above, see section 6003 of Pub. L. 116–283, set out as a Definitions note under section 5311 of this title.]
+
+Efficient Use of Currency Transaction Report SystemPub. L. 107–56, title III, § 366, Oct. 26, 2001, 115 Stat. 335, provided that: “(a) Findings.—The Congress finds the following:“(1) The Congress established the currency transaction reporting requirements in 1970 because the Congress found then that such reports have a high degree of usefulness in criminal, tax, and regulatory investigations and proceedings and the usefulness of such reports has only increased in the years since the requirements were established. “(2) In 1994, in response to reports and testimony that excess amounts of currency transaction reports were interfering with effective law enforcement, the Congress reformed the currency transaction report exemption requirements to provide—“(A) mandatory exemptions for certain reports that had little usefulness for law enforcement, such as cash transfers between depository institutions and cash deposits from government agencies; and “(B) discretionary authority for the Secretary of the Treasury to provide exemptions, subject to criteria and guidelines established by the Secretary, for financial institutions with regard to regular business customers that maintain accounts at an institution into which frequent cash deposits are made. “(3) Today there is evidence that some financial institutions are not utilizing the exemption system, or are filing reports even if there is an exemption in effect, with the result that the volume of currency transaction reports is once again interfering with effective law enforcement. “(b) Study and Report.—“(1) Study required.—The Secretary shall conduct a study of—“(A) the possible expansion of the statutory exemption system in effect under section 5313 of title 31, United States Code; and “(B) methods for improving financial institution utilization of the statutory exemption provisions as a way of reducing the submission of currency transaction reports that have little or no value for law enforcement purposes, including improvements in the systems in effect at financial institutions for regular review of the exemption procedures used at the institution and the training of personnel in its effective use. “(2) Report required.—The Secretary of the Treasury shall submit a report to the Congress before the end of the 1-year period beginning on the date of enactment of this Act [Oct. 26, 2001] containing the findings and conclusions of the Secretary with regard to the study required under subsection (a), and such recommendations for legislative or administrative action as the Secretary determines to be appropriate.”
+
+Report Reduction Goal; Streamlined Currency Transaction ReportsPub. L. 103–325, title IV, § 402(b), (c), Sept. 23, 1994, 108 Stat. 2245, provided that: “(b) Report Reduction Goal; Reports.—“(1) In general.—In implementing the amendment made by subsection (a) [amending this section], the Secretary of the Treasury shall seek to reduce, within a reasonable period of time, the number of reports required to be filed in the aggregate by depository institutions pursuant to section 5313(a) of title 31, United States Code, by at least 30 percent of the number filed during the year preceding the date of enactment of this Act [Sept. 23, 1994]. “(2) Interim report.—The Secretary of the Treasury shall submit a report to the Congress not later than the end of the 180-day period beginning on the date of enactment of this Act on the progress made by the Secretary in implementing the amendment made by subsection (a). “(3) Annual report.—The Secretary of the Treasury shall submit an annual report to the Congress after the end of each of the first 5 calendar years which begin after the date of enactment of this Act on the extent to which the Secretary has reduced the overall number of currency transaction reports filed with the Secretary pursuant to section 5313(a) of title 31, United States Code, consistent with the purposes of such section and effective law enforcement. “(c) Streamlined Currency Transaction Reports.—The Secretary of the Treasury shall take such action as may be appropriate to—“(1) redesign the format of reports required to be filed under section 5313(a) of title 31, United States Code, by any financial institution (as defined in section 5312(a)(2) of such title) to eliminate the need to report information which has little or no value for law enforcement purposes; and “(2) reduce the time and effort required to prepare such report for filing by any such financial institution under such section.”

legal/us/code/title-31/chapter-53/section-5314.md

@@ -0,0 +1,65 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5314"
+description: "Records and reports on foreign financial agency transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5314"
+citation: "31 U.S.C. § 5314"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5314"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "cac2a6a3d074f055f98b03fd12ce3e0843f0069db456af6c6b56a95b26a1e746"
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+text_hash: "397797b2f650b3cb80eedb8bddebd471298245e703fcba09259850593cda04dc"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5314 - Records and reports on foreign financial agency transactions
+
+## Text
+
+(a) Considering the need to avoid impeding or controlling the export or import of monetary instruments and the need to avoid burdening unreasonably a person making a transaction with a foreign financial agency, the Secretary of the Treasury shall require a resident or citizen of the United States or a person in, and doing business in, the United States, to keep records, file reports, or keep records and file reports, when the resident, citizen, or person makes a transaction or maintains a relation for any person with a foreign financial agency. The records and reports shall contain the following information in the way and to the extent the Secretary prescribes:
+
+(1) the identity and address of participants in a transaction or relationship.
+
+(2) the legal capacity in which a participant is acting.
+
+(3) the identity of real parties in interest.
+
+(4) a description of the transaction.
+
+(b) The Secretary may prescribe—
+
+(1) a reasonable classification of persons subject to or exempt from a requirement under this section or a regulation under this section;
+
+(2) a foreign country to which a requirement or a regulation under this section applies if the Secretary decides applying the requirement or regulation to all foreign countries is unnecessary or undesirable;
+
+(3) the magnitude of transactions subject to a requirement or a regulation under this section;
+
+(4) the kind of transaction subject to or exempt from a requirement or a regulation under this section; and
+
+(5) other matters the Secretary considers necessary to carry out this section or a regulation under this section.
+
+(c) A person shall be required to disclose a record required to be kept under this section or under a regulation under this section only as required by law.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 997.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5314(a)31:1121(a).Oct. 26, 1970, Pub. L. 91–508, §§ 241, 242, 84 Stat. 1124. 5314(b)31:1122. 5314(c)31:1121(b). In subsection (a), before clause (1), the words “currency or other”, “legitimately”, “by regulation”, and “directly or indirectly” are omitted as surplus. The words “for any person” are substituted for “on behalf of himself or another” to eliminate unnecessary words. The words “and to the extent” are substituted for “and in such detail” for clarity. In clauses (1) and (2), the words “participants” and “participant” are substituted for “parties” for consistency. In clause (2), the words “to the transaction or relationship” are omitted as surplus. In clause (3), the words “if one or more of the parties are not acting solely as principals” are omitted as surplus. In clause (4), the words “including the amounts of money, credit, or other property involved” are omitted as surplus. In subsection (b), the words “or a regulation under this section” are added because of the restatement. The words “or does not apply” and “uniform” in clause (2) are omitted as surplus. In clause (5), the words “carry out” are substituted for “the application of” for consistency. In subsection (c), the words “produce or otherwise . . . the contents of” and “in compliance with a subpena or summons duly authorized and issued or . . . may otherwise be” are omitted as surplus. The words “under a regulation” are added because of the restatement.
+
+Statutory Notes and Related Subsidiaries
+
+Compliance With Reporting RequirementsPub. L. 107–56, title III, § 361(b), Oct. 26, 2001, 115 Stat. 332, provided that: “The Secretary of the Treasury shall study methods for improving compliance with the reporting requirements established in section 5314 of title 31, United States Code, and shall submit a report on such study to the Congress by the end of the 6-month period beginning on the date of enactment of this Act [Oct. 26, 2001] and each 1-year period thereafter. The initial report shall include historical data on compliance with such reporting requirements.”

legal/us/code/title-31/chapter-53/section-5315.md

@@ -0,0 +1,53 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5315"
+description: "Reports on foreign currency transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5315"
+citation: "31 U.S.C. § 5315"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5315"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "910bcac4ff51b646b26b60add5984f5ef3cf01926b994cbb4044ae50080d4d57"
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+text_hash: "97c1ec99d89d82bc114e3d3ec35f4f40b93ddf3eec9614ba4f6e35a15706f5df"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5315 - Reports on foreign currency transactions
+
+## Text
+
+(a) Congress finds that—
+
+(1) moving mobile capital can have a significant impact on the proper functioning of the international monetary system;
+
+(2) it is important to have the most feasible current and complete information on the kind and source of capital flows, including transactions by large United States businesses and their foreign affiliates; and
+
+(3) additional authority should be provided to collect information on capital flows under section 5(b) of the Trading With the Enemy Act (50 App. U.S.C. 5(b)) 11 See References in Text note below. and section 8 of the Bretton Woods Agreement Act (22 U.S.C. 286f).
+
+(b) In this section, “United States person” and “foreign person controlled by a United States person” have the same meanings given those terms in section 7(f)(2)(A) and (C), respectively, of the Securities and Exchange Act of 1934 (15 U.S.C. 78g(f)(2)(A), (C)).
+
+(c) The Secretary of the Treasury shall prescribe regulations consistent with subsection (a) of this section requiring reports on foreign currency transactions conducted by a United States person or a foreign person controlled by a United States person. The regulations shall require that a report contain information and be submitted at the time and in the way, with reasonable exceptions and classifications, necessary to carry out this section.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 997.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5315(a)31:1141.Sept. 21, 1973, Pub. L. 93–110, §§ 201, 202, 87 Stat. 353. 5315(b), (c)31:1142. In subsection (a)(3), the words “it is desirable to emphasize this objective . . . existing legal” are omitted as unnecessary. In subsection (c), the words “(hereafter referred to as the ‘Secretary’)” are omitted because of the restatement. The words “under the authority of this subchapter and any other authority conferred by law” are omitted as surplus. The word “prescribe” is substituted for “supplement” for clarity. The words “the statement of findings under” and “the submission of” are omitted as surplus. The words “Reports required under this subchapter shall cover foreign currency transactions” are omitted because of the restatement. The words “such terms are” and “the policy of” are omitted as surplus.
+
+Editorial Notes
+
+References in TextSection 5(b) of the Trading With the Enemy Act (50 App. U.S.C. 5(b)), referred to in subsec. (a)(3), is section 5(b) of act Oct. 6, 1917, ch. 106, 40 Stat. 415, which was editorially transferred and is now classified to section 4305(b) of Title 50, War and National Defense.

legal/us/code/title-31/chapter-53/section-5316.md

@@ -0,0 +1,71 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5316"
+description: "Reports on exporting and importing monetary instruments"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5316"
+citation: "31 U.S.C. § 5316"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5316"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "f538e324ca67daeddf5c9e70f8957f245183668ba93fd7d9deca9737b79a617e"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5316 - Reports on exporting and importing monetary instruments
+
+## Text
+
+(a) Except as provided in subsection (c) of this section, a person or an agent or bailee of the person shall file a report under subsection (b) of this section when the person, agent, or bailee knowingly—
+
+(1) transports, is about to transport, or has transported, monetary instruments of more than $10,000 at one time—
+
+(A) from a place in the United States to or through a place outside the United States; or
+
+(B) to a place in the United States from or through a place outside the United States; or
+
+(2) receives monetary instruments of more than $10,000 at one time transported into the United States from or through a place outside the United States.
+
+(b) A report under this section shall be filed at the time and place the Secretary of the Treasury prescribes. The report shall contain the following information to the extent the Secretary prescribes:
+
+(1) the legal capacity in which the person filing the report is acting.
+
+(2) the origin, destination, and route of the monetary instruments.
+
+(3) when the monetary instruments are not legally and beneficially owned by the person transporting the instruments, or if the person transporting the instruments personally is not going to use them, the identity of the person that gave the instruments to the person transporting them, the identity of the person who is to receive them, or both.
+
+(4) the amount and kind of monetary instruments transported.
+
+(5) additional information.
+
+(c) This section or a regulation under this section does not apply to a common carrier of passengers when a passenger possesses a monetary instrument, or to a common carrier of goods if the shipper does not declare the instrument.
+
+(d) Cumulation of Closely Related Events.— The Secretary of the Treasury may prescribe regulations under this section defining the term “at one time” for purposes of subsection (a). Such regulations may permit the cumulation of closely related events in order that such events may collectively be considered to occur at one time for the purposes of subsection (a).
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 998; Pub. L. 98–473, title II, § 901(c), Oct. 12, 1984, 98 Stat. 2135; Pub. L. 99–570, title I, § 1358, title III, § 3153, Oct. 27, 1986, 100 Stat. 3207–26, 3207–94.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5316(a)31:1101(a).Oct. 26, 1970, Pub. L. 91–508, § 231, 84 Stat. 1122. 5316(b)31:1101(b). 5316(c)31:1101(c). In subsection (a), before clause (1), the words “a person or an agent or bailee of the person shall” are substituted for “whoever, whether as principal, agent, or bailee, or by an agent or bailee” for consistency. The words “or reports” are omitted as unnecessary because of 1:1. In clause (2), the words “transported into the United States” are substituted for “at the termination of their transportation to the United States” for consistency and to eliminate unnecessary words. In subsection (b), before clause (1), the word “required” is omitted as surplus. The word “prescribes” is substituted for “require” for consistency in the revised title and with other titles of the United States Code. The words “to the extent” are substituted for “in such detail” for clarity. In clause (1), the words “with respect to the monetary instruments transported” are omitted as surplus. In clause (3), the words “or if the person transporting the instruments personally is not going to use them” are substituted for “or are transported for any purpose other than the use in his own behalf of the person transporting the same” for clarity. In subsection (c), the words “or a regulation under this section” are added because of the restatement.
+
+Editorial Notes
+
+Amendments1986—Subsec. (a)(1). Pub. L. 99–570, § 1358(b), substituted “transports, is about to transport, or has transported” for “transports or has transported, or attempts to transport or have transported”. Subsec. (a)(2). Pub. L. 99–570, §§ 1358(c), 3153, made identical amendments substituting “$10,000” for “$5,000”. Subsec. (d). Pub. L. 99–570, § 1358(a), added subsec. (d). 1984—Subsec. (a)(1). Pub. L. 98–473 inserted “, or attempts to transport or have transported,” after “transports or has transported” and substituted “$10,000” for “$5,000”.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of Regulations Prescribed Under 1986 AmendmentPub. L. 99–570, title I, § 1364(d), Oct. 27, 1986, 100 Stat. 3207–34, provided that: “Any regulation prescribed under the amendments made by section 1358 [amending this section] shall apply with respect to transactions completed after the effective date of such regulation.”

legal/us/code/title-31/chapter-53/section-5317.md

@@ -0,0 +1,69 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5317"
+description: "Search and forfeiture of monetary instruments"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5317"
+citation: "31 U.S.C. § 5317"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5317"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5317 - Search and forfeiture of monetary instruments
+
+## Text
+
+(a) The Secretary of the Treasury may apply to a court of competent jurisdiction for a search warrant when the Secretary reasonably believes a monetary instrument is being transported and a report on the instrument under section 5316 of this title has not been filed or contains a material omission or misstatement. The Secretary shall include a statement of information in support of the warrant. On a showing of probable cause, the court may issue a search warrant for a designated person or a designated or described place or physical object. This subsection does not affect the authority of the Secretary under another law.
+
+(b) Searches at Border.— For purposes of ensuring compliance with the requirements of section 5316, a customs officer may stop and search, at the border and without a search warrant, any vehicle, vessel, aircraft, or other conveyance, any envelope or other container, and any person entering or departing from the United States.
+
+(c) Forfeiture.— (1) Criminal forfeiture.— (A) In general.— The court in imposing sentence for any violation of section 5313, 5316, or 5324 of this title, or any conspiracy to commit such violation, shall order the defendant to forfeit all property, real or personal, involved in the offense and any property traceable thereto.
+
+(B) Procedure.— Forfeitures under this paragraph shall be governed by the procedures established in section 413 of the Controlled Substances Act.
+
+(2) Civil forfeiture.— (A) In general.— Any property involved in a violation of section 5313, 5316, or 5324 of this title, or any conspiracy to commit any such violation, and any property traceable to any such violation or conspiracy, may be seized and forfeited to the United States in accordance with the procedures governing civil forfeitures in money laundering cases pursuant to section 981(a)(1)(A) of title 18, United States Code.
+
+(B) Internal revenue service seizure requirements with respect to structuring transactions.— (i) Property derived from an illegal source.— Property may only be seized by the Internal Revenue Service pursuant to subparagraph (A) by reason of a claimed violation of section 5324 if the property to be seized was derived from an illegal source or the funds were structured for the purpose of concealing the violation of a criminal law or regulation other than section 5324.
+
+(ii) Notice.— Not later than 30 days after property is seized by the Internal Revenue Service pursuant to subparagraph (A), the Internal Revenue Service shall—
+
+(I) make a good faith effort to find all persons with an ownership interest in such property; and
+
+(II) provide each such person so found with a notice of the seizure and of the person’s rights under clause (iv).
+
+(iii) Extension of notice under certain circumstances.— The Internal Revenue Service may apply to a court of competent jurisdiction for one 30-day extension of the notice requirement under clause (ii) if the Internal Revenue Service can establish probable cause of an imminent threat to national security or personal safety necessitating such extension.
+
+(iv) Post-seizure hearing.— If a person with an ownership interest in property seized pursuant to subparagraph (A) by the Internal Revenue Service requests a hearing by a court of competent jurisdiction within 30 days after the date on which notice is provided under subclause (ii), such property shall be returned unless the court holds an adversarial hearing and finds within 30 days of such request (or such longer period as the court may provide, but only on request of an interested party) that there is probable cause to believe that there is a violation of section 5324 involving such property and probable cause to believe that the property to be seized was derived from an illegal source or the funds were structured for the purpose of concealing the violation of a criminal law or regulation other than section 5324.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 998; Pub. L. 98–473, title II, § 901(d), Oct. 12, 1984, 98 Stat. 2135; Pub. L. 99–570, title I, § 1355, Oct. 27, 1986, 100 Stat. 3207–22; Pub. L. 102–550, title XV, § 1525(c)(2), Oct. 28, 1992, 106 Stat. 4065; Pub. L. 107–56, title III, §§ 365(b)(2)(B), 372(a), Oct. 26, 2001, 115 Stat. 335, 338; Pub. L. 116–25, title I, § 1201, July 1, 2019, 133 Stat. 986.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5317(a)31:1105.Oct. 26, 1970, Pub. L. 91–508, §§ 232, 235, 84 Stat. 1123. 5317(b)31:1102. In subsection (a), the words “The Secretary shall include a statement of information in support of the warrant” are substituted for 31:1105(a)(last sentence) to eliminate unnecessary words and for consistency. The word “for” is substituted for “authorizing the search of . . . all of the following” to eliminate unnecessary words. The words “or more” are omitted as unnecessary because the singular includes the plural under 1:1. The words “or premises”, “letters, parcels, packages, or other”, and “vehicles” are omitted as surplus. In subsection (b), the words “either” and “the possession of” are omitted as surplus. The words “United States Postal Service” are substituted for “postal service” for consistency with title 39. The words “or retained in” are omitted as surplus.
+
+Editorial Notes
+
+References in TextSection 413 of the Controlled Substances Act, referred to in subsec. (c)(1)(B), is classified to section 853 of Title 21, Food and Drugs.
+
+Amendments2019—Subsec. (c)(2). Pub. L. 116–25 designated existing provisions as subpar. (A), inserted heading, and added subpar. (B). 2001—Subsec. (c). Pub. L. 107–56, § 372(a), inserted heading and amended text of subsec. (c) generally. Prior to amendment, text read as follows: “If a report required under section 5316 with respect to any monetary instrument is not filed (or if filed, contains a material omission or misstatement of fact), the instrument and any interest in property, including a deposit in a financial institution, traceable to such instrument may be seized and forfeited to the United States Government. Any property, real or personal, involved in a transaction or attempted transaction in violation of section 5324(c), or any property traceable to such property, may be seized and forfeited to the United States Government. A monetary instrument transported by mail or a common carrier, messenger, or bailee is being transported under this subsection from the time the instrument is delivered to the United States Postal Service, common carrier, messenger, or bailee through the time it is delivered to the addressee, intended recipient, or agent of the addressee or intended recipient without being transported further in, or taken out of, the United States.” Pub. L. 107–56, § 365(b)(2)(B), substituted “section 5324(c)” for “section 5324(b)”. 1992—Subsec. (c). Pub. L. 102–550 inserted after first sentence “Any property, real or personal, involved in a transaction or attempted transaction in violation of section 5324(b), or any property traceable to such property, may be seized and forfeited to the United States Government.” 1986—Subsec. (b). Pub. L. 99–570, § 1355(a), amended subsec. (b) generally. Prior to amendment, subsec. (b) read as follows: “A customs officer may stop and search, without a search warrant, a vehicle, vessel, aircraft, or other conveyance, envelope or other container, or person entering or departing from the United States with respect to which or whom the officer has reasonable cause to believe there is a monetary instrument being transported in violation of section 5316 of this title.” Subsec. (c). Pub. L. 99–570, § 1355(b), amended first sentence generally. Prior to amendment, first sentence read as follows: “A monetary instrument being transported may be seized and forfeited to the United States Government when a report on the instrument under section 5316 of this title has not been filed or contains a material omission or misstatement.” 1984—Subsecs. (b), (c). Pub. L. 98–473, § 901, added subsec. (b) and redesignated former subsec. (b) as (c).
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 1986 AmendmentPub. L. 99–570, title I, § 1364(b), Oct. 27, 1986, 100 Stat. 3207–34, provided that: “The amendments made by sections 1355(b) and 1357(a) [amending this section and section 5321 of this title] shall apply with respect to violations committed after the end of the 3-month period beginning on the date of the enactment of this Act [Oct. 27, 1986].”

legal/us/code/title-31/chapter-53/section-5318a.md

@@ -0,0 +1,161 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5318A"
+description: "Special measures for jurisdictions, financial institutions, international transactions, or types of accounts of primary money laundering concern"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5318A"
+citation: "31 U.S.C. § 5318A"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5318A"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5318A - Special measures for jurisdictions, financial institutions, international transactions, or types of accounts of primary money laundering concern
+
+## Text
+
+(a) International Counter-Money Laundering Requirements.— (1) In general.— The Secretary of the Treasury may require domestic financial institutions and domestic financial agencies to take 1 or more of the special measures described in subsection (b) if the Secretary finds that reasonable grounds exist for concluding that a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts is of primary money laundering concern, in accordance with subsection (c).
+
+(2) Form of requirement.— The special measures described in—
+
+(A) subsection (b) may be imposed in such sequence or combination as the Secretary shall determine;
+
+(B) paragraphs (1) through (4) of subsection (b) may be imposed by regulation, order, or otherwise as permitted by law; and
+
+(C) subsection (b)(5) may be imposed only by regulation.
+
+(3) Duration of orders; rulemaking.— Any order by which a special measure described in paragraphs (1) through (4) of subsection (b) is imposed (other than an order described in section 5326)—
+
+(A) shall be issued together with a notice of proposed rulemaking relating to the imposition of such special measure; and
+
+(B) may not remain in effect for more than 120 days, except pursuant to a rule promulgated on or before the end of the 120-day period beginning on the date of issuance of such order.
+
+(4) Process for selecting special measures.— In selecting which special measure or measures to take under this subsection, the Secretary of the Treasury—
+
+(A) shall consult with the Chairman of the Board of Governors of the Federal Reserve System, any other appropriate Federal banking agency (as defined in section 3 of the Federal Deposit Insurance Act) 11 So in original. Probably should be followed by a comma. the Secretary of State, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the National Credit Union Administration Board, and in the sole discretion of the Secretary, such other agencies and interested parties as the Secretary may find to be appropriate; and
+
+(B) shall consider—
+
+(i) whether similar action has been or is being taken by other nations or multilateral groups;
+
+(ii) whether the imposition of any particular special measure would create a significant competitive disadvantage, including any undue cost or burden associated with compliance, for financial institutions organized or licensed in the United States;
+
+(iii) the extent to which the action or the timing of the action would have a significant adverse systemic impact on the international payment, clearance, and settlement system, or on legitimate business activities involving the particular jurisdiction, institution, class of transactions, or type of account; and
+
+(iv) the effect of the action on United States national security and foreign policy.
+
+(5) No limitation on other authority.— This section shall not be construed as superseding or otherwise restricting any other authority granted to the Secretary, or to any other agency, by this subchapter or otherwise.
+
+(b) Special Measures.— The special measures referred to in subsection (a), with respect to a jurisdiction outside of the United States, financial institution operating outside of the United States, class of transaction within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts are as follows:
+
+(1) Recordkeeping and reporting of certain financial transactions.— (A) In general.— The Secretary of the Treasury may require any domestic financial institution or domestic financial agency to maintain records, file reports, or both, concerning the aggregate amount of transactions, or concerning each transaction, with respect to a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts if the Secretary finds any such jurisdiction, institution, class of transactions, or type of account to be of primary money laundering concern.
+
+(B) Form of records and reports.— Such records and reports shall be made and retained at such time, in such manner, and for such period of time, as the Secretary shall determine, and shall include such information as the Secretary may determine, including—
+
+(i) the identity and address of the participants in a transaction or relationship, including the identity of the originator of any funds transfer;
+
+(ii) the legal capacity in which a participant in any transaction is acting;
+
+(iii) the identity of the beneficial owner of the funds involved in any transaction, in accordance with such procedures as the Secretary determines to be reasonable and practicable to obtain and retain the information; and
+
+(iv) a description of any transaction.
+
+(2) Information relating to beneficial ownership.— In addition to any other requirement under any other provision of law, the Secretary may require any domestic financial institution or domestic financial agency to take such steps as the Secretary may determine to be reasonable and practicable to obtain and retain information concerning the beneficial ownership of any account opened or maintained in the United States by a foreign person (other than a foreign entity whose shares are subject to public reporting requirements or are listed and traded on a regulated exchange or trading market), or a representative of such a foreign person, that involves a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts if the Secretary finds any such jurisdiction, institution, or transaction or type of account to be of primary money laundering concern.
+
+(3) Information relating to certain payable-through accounts.— If the Secretary finds a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, or 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States to be of primary money laundering concern, the Secretary may require any domestic financial institution or domestic financial agency that opens or maintains a payable-through account in the United States for a foreign financial institution involving any such jurisdiction or any such financial institution operating outside of the United States, or a payable through account through which any such transaction may be conducted, as a condition of opening or maintaining such account—
+
+(A) to identify each customer (and representative of such customer) of such financial institution who is permitted to use, or whose transactions are routed through, such payable-through account; and
+
+(B) to obtain, with respect to each such customer (and each such representative), information that is substantially comparable to that which the depository institution obtains in the ordinary course of business with respect to its customers residing in the United States.
+
+(4) Information relating to certain correspondent accounts.— If the Secretary finds a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, or 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States to be of primary money laundering concern, the Secretary may require any domestic financial institution or domestic financial agency that opens or maintains a correspondent account in the United States for a foreign financial institution involving any such jurisdiction or any such financial institution operating outside of the United States, or a correspondent account through which any such transaction may be conducted, as a condition of opening or maintaining such account—
+
+(A) to identify each customer (and representative of such customer) of any such financial institution who is permitted to use, or whose transactions are routed through, such correspondent account; and
+
+(B) to obtain, with respect to each such customer (and each such representative), information that is substantially comparable to that which the depository institution obtains in the ordinary course of business with respect to its customers residing in the United States.
+
+(5) Prohibitions or conditions on opening or maintaining certain correspondent or payable-through accounts.— If the Secretary finds a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, or 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States to be of primary money laundering concern, the Secretary, in consultation with the Secretary of State, the Attorney General, and the Chairman of the Board of Governors of the Federal Reserve System, may prohibit, or impose conditions upon, the opening or maintaining in the United States of a correspondent account or payable-through account by any domestic financial institution or domestic financial agency for or on behalf of a foreign banking institution, if such correspondent account or payable-through account involves any such jurisdiction or institution, or if any such transaction may be conducted through such correspondent account or payable-through account.
+
+(c) Consultations and Information To Be Considered in Finding Jurisdictions, Institutions, Types of Accounts, or Transactions To Be of Primary Money Laundering Concern.— (1) In general.— In making a finding that reasonable grounds exist for concluding that a jurisdiction outside of the United States, 1 or more financial institutions operating outside of the United States, 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts is of primary money laundering concern so as to authorize the Secretary of the Treasury to take 1 or more of the special measures described in subsection (b), the Secretary shall consult with the Secretary of State and the Attorney General.
+
+(2) Additional considerations.— In making a finding described in paragraph (1), the Secretary shall consider in addition such information as the Secretary determines to be relevant, including the following potentially relevant factors:
+
+(A) Jurisdictional factors.— In the case of a particular jurisdiction—
+
+(i) evidence that organized criminal groups, international terrorists, or entities involved in the proliferation of weapons of mass destruction or missiles have transacted business in that jurisdiction;
+
+(ii) the extent to which that jurisdiction or financial institutions operating in that jurisdiction offer bank secrecy or special regulatory advantages to nonresidents or nondomiciliaries of that jurisdiction;
+
+(iii) the substance and quality of administration of the bank supervisory and counter-money laundering laws of that jurisdiction;
+
+(iv) the relationship between the volume of financial transactions occurring in that jurisdiction and the size of the economy of the jurisdiction;
+
+(v) the extent to which that jurisdiction is characterized as an offshore banking or secrecy haven by credible international organizations or multilateral expert groups;
+
+(vi) whether the United States has a mutual legal assistance treaty with that jurisdiction, and the experience of United States law enforcement officials and regulatory officials in obtaining information about transactions originating in or routed through or to such jurisdiction; and
+
+(vii) the extent to which that jurisdiction is characterized by high levels of official or institutional corruption.
+
+(B) Institutional factors.— In the case of a decision to apply 1 or more of the special measures described in subsection (b) only to a financial institution or institutions, or to a transaction or class of transactions, or to a type of account, or to all 3, within or involving a particular jurisdiction—
+
+(i) the extent to which such financial institutions, transactions, or types of accounts are used to facilitate or promote money laundering in or through the jurisdiction, including any money laundering activity by organized criminal groups, international terrorists, or entities involved in the proliferation of weapons of mass destruction or missiles;
+
+(ii) the extent to which such institutions, transactions, or types of accounts are used for legitimate business purposes in the jurisdiction; and
+
+(iii) the extent to which such action is sufficient to ensure, with respect to transactions involving the jurisdiction and institutions operating in the jurisdiction, that the purposes of this subchapter continue to be fulfilled, and to guard against international money laundering and other financial crimes.
+
+(d) Notification of Special Measures Invoked by the Secretary.— Not later than 10 days after the date of any action taken by the Secretary of the Treasury under subsection (a)(1), the Secretary shall notify, in writing, the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate of any such action.
+
+(e) Definitions.— Notwithstanding any other provision of this subchapter, for purposes of this section and subsections (i) and (j) of section 5318, the following definitions shall apply:
+
+(1) Bank definitions.— The following definitions shall apply with respect to a bank:
+
+(A) Account.— The term “account”—
+
+(i) means a formal banking or business relationship established to provide regular services, dealings, and other financial transactions; and
+
+(ii) includes a demand deposit, savings deposit, or other transaction or asset account and a credit account or other extension of credit.
+
+(B) Correspondent account.— The term “correspondent account” means an account established to receive deposits from, make payments on behalf of a foreign financial institution, or handle other financial transactions related to such institution.
+
+(C) Payable-through account.— The term “payable-through account” means an account, including a transaction account (as defined in section 19(b)(1)(C) of the Federal Reserve Act), opened at a depository institution by a foreign financial institution by means of which the foreign financial institution permits its customers to engage, either directly or through a subaccount, in banking activities usual in connection with the business of banking in the United States.
+
+(2) Definitions applicable to institutions other than banks.— With respect to any financial institution other than a bank, the Secretary shall, after consultation with the appropriate Federal functional regulators (as defined in section 509 of the Gramm-Leach-Bliley Act), define by regulation the term “account”, and shall include within the meaning of that term, to the extent, if any, that the Secretary deems appropriate, arrangements similar to payable-through and correspondent accounts.
+
+(3) Regulatory definition of beneficial ownership.— The Secretary shall promulgate regulations defining beneficial ownership of an account for purposes of this section and subsections (i) and (j) of section 5318. Such regulations shall address issues related to an individual’s authority to fund, direct, or manage the account (including, without limitation, the power to direct payments into or out of the account), and an individual’s material interest in the income or corpus of the account, and shall ensure that the identification of individuals under this section or subsection (i) or (j) of section 5318 does not extend to any individual whose beneficial interest in the income or corpus of the account is immaterial.
+
+(4) Other terms.— The Secretary may, by regulation, further define the terms in paragraphs (1), (2), and (3), and define other terms for the purposes of this section, as the Secretary deems appropriate.
+
+(f) Classified Information.— In any judicial review of a finding of the existence of a primary money laundering concern, or of the requirement for 1 or more special measures with respect to a primary money laundering concern, made under this section, if the designation or imposition, or both, were based on classified information (as defined in section 1(a) of the Classified Information Procedures Act (18 U.S.C. App.),22 So in original. A second closing parenthesis probably should precede the comma. such information may be submitted by the Secretary to the reviewing court ex parte and in camera. This subsection does not confer or imply any right to judicial review of any finding made or any requirement imposed under this section.
+
+(Added Pub. L. 107–56, title III, § 311(a), Oct. 26, 2001, 115 Stat. 298; amended Pub. L. 108–177, title III, § 376, Dec. 13, 2003, 117 Stat. 2630; Pub. L. 108–458, title VI, § 6203(e), (f), Dec. 17, 2004, 118 Stat. 3747; Pub. L. 109–293, title V, § 501, Sept. 30, 2006, 120 Stat. 1350.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 3 of the Federal Deposit Insurance Act, referred to in subsec. (a)(4)(A), is classified to section 1813 of Title 12, Banks and Banking. Section 19(b)(1)(C) of the Federal Reserve Act, referred to in subsec. (e)(1)(C), is classified to section 461(b)(1)(C) of Title 12, Banks and Banking. Section 509 of the Gramm-Leach-Bliley Act, referred to in subsec. (e)(2), is classified to section 6809 of Title 15, Commerce and Trade. Section 1(a) of the Classified Information Procedures Act, referred to in subsec. (f), is section 1(a) of Pub. L. 96–456, which is set out in the Appendix to Title 18, Crimes and Criminal Procedure.
+
+Amendments2006—Subsec. (c)(2)(A)(i). Pub. L. 109–293, § 501(1), substituted “or entities involved in the proliferation of weapons of mass destruction or missiles” for “or both,”. Subsec. (c)(2)(B)(i). Pub. L. 109–293, § 501(2), inserted “, including any money laundering activity by organized criminal groups, international terrorists, or entities involved in the proliferation of weapons of mass destruction or missiles” before semicolon at end. 2004—Pub. L. 108–458, § 6203(e), amended section catchline generally. Prior to amendment, catchline read as follows: “Special measures for jurisdictions, financial institutions, or international transactions of primary money laundering concern”. Subsec. (a)(4)(A). Pub. L. 108–458, § 6203(f)(1), substituted “(as defined in section 3 of the Federal Deposit Insurance Act)” for “, as defined in section 3 of the Federal Deposit Insurance Act,”. Subsec. (a)(4)(B)(iii). Pub. L. 108–458, § 6203(f)(2), substituted “class of transactions, or type of account” for “or class of transactions”. Subsec. (b)(1)(A). Pub. L. 108–458, § 6203(f)(3), substituted “class of transactions, or type of account to be” for “or class of transactions to be”. Subsec. (e)(3). Pub. L. 108–458, § 6203(f)(4), inserted “or subsection (i) or (j) of section 5318” after “identification of individuals under this section”. 2003—Subsec. (f). Pub. L. 108–177 added subsec. (f).
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2004 AmendmentAmendment by Pub. L. 108–458 effective as if included in Pub. L. 107–56, as of the date of enactment of such Act, and no amendment made by Pub. L. 107–56 that is inconsistent with such amendment to be deemed to have taken effect, see section 6205 of Pub. L. 108–458, set out as a note under section 1828 of Title 12, Banks and Banking.
+
+Determination With Respect to Primary Money Laundering Concern of Russian Illicit FinancePub. L. 116–283, div. H, title XCVII, § 9714(a)–(e), Jan. 1, 2021, 134 Stat. 4838, as amended by Pub. L. 117–81, div. F, title LXI, § 6106(b)(2), Dec. 27, 2021, 135 Stat. 2387, provided that: “(a) Determination.—If the Secretary of the Treasury determines that reasonable grounds exist for concluding that one or more financial institutions operating outside of the United States, or 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts within, or involving, a jurisdiction outside of the United States is of primary money laundering concern in connection with Russian illicit finance, the Secretary of the Treasury may, by order, regulation, or otherwise as permitted by law—“(1) require domestic financial institutions and domestic financial agencies to take 1 or more of the special measures described in section 5318A(b) of title 31, United States Code; or “(2) prohibit, or impose conditions upon, certain transmittals of funds (to be defined by the Secretary) by any domestic financial institution or domestic financial agency, if such transmittal of funds involves any such institution, class of transaction, or type of account. “(b) Classified Information.—In any judicial review of a finding of the existence of a primary money laundering concern, or of the requirement for 1 or more special measures with respect to a primary money laundering concern made under this section, if the designation or imposition, or both, were based on classified information (as defined in section 1(a) of the Classified Information Procedures Act (18 U.S.C. App.), such information may be submitted by the Secretary to the reviewing court ex parte and in camera. This subsection does not confer or imply any right to judicial review of any finding made or any requirement imposed under this section. “(c) Availability of Information.—The exemptions from, and prohibitions on, search and disclosure provided in section 5319 of title 31, United States Code, shall apply to any report or record of report filed pursuant to a requirement imposed under subsection (a) of this section. For purposes of section 552 of title 5, United States Code, this subsection shall be considered a statute described in subsection (b)(3)(B) of that section. “(d) Penalties.—The penalties provided for in sections 5321 and 5322 of title 31, United States Code, that apply to violations of special measures imposed under section 5318A of title 31, United States Code, shall apply to violations of any order, regulation, special measure, or other requirement imposed under subsection (a) of this section, in the same manner and to the same extent as described in sections 5321 and 5322. “(e) Injunctions.—The Secretary of the Treasury may bring a civil action to enjoin a violation of any order, regulation, special measure, or other requirement imposed under subsection (a) of this section in the same manner and to the same extent as described in section 5320 of title 31, United States Code.” [Section 9714 of Pub. L. 116–283 consists of subsecs. (a) to (g). Subsecs. (a) to (e) are set out above. Subsecs. (f) and (g), formerly (b) and (c), are not classified to the Code.] “Federal Functional Regulator” Includes Commodity Futures Trading Commission For purposes of Pub. L. 107–56 and any amendment by Pub. L. 107–56, the term “Federal functional regulator” includes the Commodity Futures Trading Commission, see section 321(c) of Pub. L. 107–56, set out as a note under section 5318 of this title.

legal/us/code/title-31/chapter-53/section-5319.md

@@ -0,0 +1,47 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5319"
+description: "Availability of reports"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5319"
+citation: "31 U.S.C. § 5319"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5319"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "da9ab76276e054908f5d891ced54fd0d28d9492c18eb595c65164f2140c6b527"
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+text_hash: "2968859c3e2ab97b82b5bb08ec9f316610f883104293b18fc0b66e16a0085270"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5319 - Availability of reports
+
+## Text
+
+The Secretary of the Treasury shall make information in a report filed under this subchapter available to an agency, including any State financial institutions supervisory agency, United States intelligence agency or self-regulatory organization registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission, upon request of the head of the agency or organization. The report shall be available for a purpose that is consistent with this subchapter. The Secretary may only require reports on the use of such information by any State financial institutions supervisory agency for other than supervisory purposes or by United States intelligence agencies. However, a report and records of reports are exempt from search and disclosure under section 552 of title 5, and may not be disclosed under any State, local, tribal, or territorial “freedom of information”, “open government”, or similar law.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 999; Pub. L. 102–550, title XV, § 1506, Oct. 28, 1992, 106 Stat. 4055; Pub. L. 107–56, title III, § 358(c), Oct. 26, 2001, 115 Stat. 326; Pub. L. 112–74, div. C, title I, § 119, Dec. 23, 2011, 125 Stat. 891; Pub. L. 116–283, div. F, title LXI, § 6109(b), Jan. 1, 2021, 134 Stat. 4561.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 531931:1052(j).Oct. 26, 1970, Pub. L. 91–508, §§ 203(j), 212, 84 Stat. 1120, 1121. 31:1061. The words “upon such conditions and pursuant to such procedures as he may by regulation prescribe” and “set forth” in 31:1061, and the word “specifically” in 31:1052(j), are omitted as surplus.
+
+Editorial Notes
+
+Amendments2021—Pub. L. 116–283 inserted “search and” before “disclosure”. 2011—Pub. L. 112–74 inserted “, and may not be disclosed under any State, local, tribal, or territorial ‘freedom of information’, ‘open government’, or similar law” after “section 552 of title 5”. 2001—Pub. L. 107–56 reenacted section catchline without change and amended text generally. Prior to amendment, text read as follows: “The Secretary of the Treasury shall make information in a report filed under section 5313, 5314, or 5316 of this title available to an agency, including any State financial institutions supervisory agency, on request of the head of the agency. The report shall be available for a purpose consistent with those sections or a regulation prescribed under those sections. The Secretary may only require reports on the use of such information by any State financial institutions supervisory agency for other than supervisory purposes. However, a report and records of reports are exempt from disclosure under section 552 of title 5.” 1992—Pub. L. 102–550 substituted “to an agency, including any State financial institutions supervisory agency,” for “to an agency” in first sentence and inserted after second sentence “The Secretary may only require reports on the use of such information by any State financial institutions supervisory agency for other than supervisory purposes.”
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2001 AmendmentAmendment by Pub. L. 107–56 applicable with respect to reports filed or records maintained on, before, or after Oct. 26, 2001, see section 358(h) of Pub. L. 107–56, set out as a note under section 1829b of Title 12, Banks and Banking.

legal/us/code/title-31/chapter-53/section-5320.md

@@ -0,0 +1,39 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5320"
+description: "Injunctions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5320"
+citation: "31 U.S.C. § 5320"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5320"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "4acc3fce98c90a5e5dbb76947807680ea348e2ddcae202f1a6bb94552fbd0360"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5320 - Injunctions
+
+## Text
+
+When the Secretary of the Treasury believes a person has violated, is violating, or will violate this subchapter or a regulation prescribed or order issued under this subchapter, the Secretary may bring a civil action in the appropriate district court of the United States or appropriate United States court of a territory or possession of the United States to enjoin the violation or to enforce compliance with the subchapter, regulation, or order. An injunction or temporary restraining order shall be issued without bond.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 999.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 532031:1057.Oct. 26, 1970, Pub. L. 91–508, § 208, 84 Stat. 1120. 31:1143(b)(words before last comma).Sept. 21, 1973, Pub. L. 93–110, § 203(b)(words be­fore last comma), 87 Stat. 353. The words “has violated, is violating, or will violate this subchapter” are substituted for “has engaged, is engaged, or is about to engage in any acts or practices constituting a violation of the provisions of this chapter” in 31:1057 and “failed to submit a report required under any rule or regulation issued under this subchapter or has violated any rule or regulation issued hereunder” in 31:1143(b)(words before last comma) to eliminate unnecessary words. The words “or a regulation prescribed” are added because of the restatement. The words “in his discretion” are omitted as surplus. The word “civil” is added because of rule 2 of the Federal Rules of Civil Procedure (28 App. U.S.C.). The word “possession” is substituted for “other place subject to the jurisdiction” for consistency in the revised title and with other titles of the United States Code. The words “or to enforce compliance with the subchapter, regulation, or order” are substituted for 31:1057(last sentence) and the words “a mandatory injunction commanding such person to comply with such rule or regulation” in 31:1143(b)(words before last comma) to eliminate unnecessary words. The words “and upon a proper showing . . . permanent or” are omitted as surplus.

legal/us/code/title-31/chapter-53/section-5321.md

@@ -0,0 +1,141 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5321"
+description: "Civil penalties"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5321"
+citation: "31 U.S.C. § 5321"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5321"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "eab1c131bf2c39773b7973356d757f1d86fd9795af6279e500408abd30a635c0"
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+text_hash: "0940b77f545d305c17d44221ba19e9fc85eb24f584a3f171307e88e8e6717f1c"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5321 - Civil penalties
+
+## Text
+
+(a) (1) A domestic financial institution or nonfinancial trade or business, and a partner, director, officer, or employee of a domestic financial institution or nonfinancial trade or business, willfully violating this subchapter or a regulation prescribed or order issued under this subchapter (except sections 5314, 5315, and 5336 of this title or a regulation prescribed under sections 5314, 5315, and 5336), or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508, is liable to the United States Government for a civil penalty of not more than the greater of the amount (not to exceed $100,000) involved in the transaction (if any) or $25,000. For a violation of section 5318(a)(2) of this title or a regulation prescribed under section 5318(a)(2), a separate violation occurs for each day the violation continues and at each office, branch, or place of business at which a violation occurs or continues.
+
+(2) The Secretary of the Treasury may impose an additional civil penalty on a person not filing a report, or filing a report containing a material omission or misstatement, under section 5316 of this title or a regulation prescribed under section 5316. A civil penalty under this paragraph may not be more than the amount of the monetary instrument for which the report was required. A civil penalty under this paragraph is reduced by an amount forfeited under section 5317(b) of this title.
+
+(3) A person not filing a report under a regulation prescribed under section 5315 of this title or not complying with an injunction under section 5320 of this title enjoining a violation of, or enforcing compliance with, section 5315 or a regulation prescribed under section 5315, is liable to the Government for a civil penalty of not more than $10,000.
+
+(4) Structured Transaction Violation.— (A) Penalty authorized.— The Secretary of the Treasury may impose a civil money penalty on any person who violates any provision of section 5324.
+
+(B) Maximum amount limitation.— The amount of any civil money penalty imposed under subparagraph (A) shall not exceed the amount of the coins and currency (or such other monetary instruments as the Secretary may prescribe) involved in the transaction with respect to which such penalty is imposed.
+
+(C) Coordination with forfeiture provision.— The amount of any civil money penalty imposed by the Secretary under subparagraph (A) shall be reduced by the amount of any forfeiture to the United States in connection with the transaction with respect to which such penalty is imposed.
+
+(5) Foreign financial agency transaction violation.— (A) Penalty authorized.— The Secretary of the Treasury may impose a civil money penalty on any person who violates, or causes any violation of, any provision of section 5314.
+
+(B) Amount of penalty.— (i) In general.— Except as provided in subparagraph (C), the amount of any civil penalty imposed under subparagraph (A) shall not exceed $10,000.
+
+(ii) Reasonable cause exception.— No penalty shall be imposed under subparagraph (A) with respect to any violation if—
+
+(I) such violation was due to reasonable cause, and
+
+(II) the amount of the transaction or the balance in the account at the time of the transaction was properly reported.
+
+(C) Willful violations.— In the case of any person willfully violating, or willfully causing any violation of, any provision of section 5314—
+
+(i) the maximum penalty under subparagraph (B)(i) shall be increased to the greater of—
+
+(I) $100,000, or
+
+(II) 50 percent of the amount determined under subparagraph (D), and
+
+(ii) subparagraph (B)(ii) shall not apply.
+
+(D) Amount.— The amount determined under this subparagraph is—
+
+(i) in the case of a violation involving a transaction, the amount of the transaction, or
+
+(ii) in the case of a violation involving a failure to report the existence of an account or any identifying information required to be provided with respect to an account, the balance in the account at the time of the violation.
+
+(6) Negligence.— (A) In general.— The Secretary of the Treasury may impose a civil money penalty of not more than $500 on any financial institution or nonfinancial trade or business which negligently violates any provision of this subchapter (except section 5336) or any regulation prescribed under this subchapter (except section 5336).
+
+(B) Pattern of negligent activity.— If any financial institution or nonfinancial trade or business engages in a pattern of negligent violations of any provision of this subchapter (except section 5336) or any regulation prescribed under this subchapter (except section 5336), the Secretary of the Treasury may, in addition to any penalty imposed under subparagraph (A) with respect to any such violation, impose a civil money penalty of not more than $50,000 on the financial institution or nonfinancial trade or business.
+
+(7) Penalties for international counter money laundering violations.— The Secretary may impose a civil money penalty in an amount equal to not less than 2 times the amount of the transaction, but not more than $1,000,000, on any financial institution or agency that violates any provision of subsection (i) or (j) of section 5318 or any special measures imposed under section 5318A.
+
+(b) Time Limitations for Assessments and Commencement of Civil Actions.— (1) Assessments.— The Secretary of the Treasury may assess a civil penalty under subsection (a) at any time before the end of the 6-year period beginning on the date of the transaction with respect to which the penalty is assessed.
+
+(2) Civil actions.— The Secretary may commence a civil action to recover a civil penalty assessed under subsection (a) at any time before the end of the 2-year period beginning on the later of—
+
+(A) the date the penalty was assessed; or
+
+(B) the date any judgment becomes final in any criminal action under section 5322 in connection with the same transaction with respect to which the penalty is assessed.
+
+(c) The Secretary may remit any part of a forfeiture under subsection (c) or (d) 11 So in original. Section 5317 does not contain a subsec. (d). of section 5317 of this title or civil penalty under subsection (a)(2) of this section.
+
+(d) Criminal Penalty Not Exclusive of Civil Penalty.— A civil money penalty may be imposed under subsection (a) with respect to any violation of this subchapter notwithstanding the fact that a criminal penalty is imposed with respect to the same violation.
+
+(e) Delegation of Assessment Authority to Banking Agencies.— (1) In general.— The Secretary of the Treasury shall delegate, in accordance with section 5318(a)(1) and subject to such terms and conditions as the Secretary may impose in accordance with paragraph (3), any authority of the Secretary to assess a civil money penalty under this section on depository institutions (as defined in section 3 of the Federal Deposit Insurance Act) to the appropriate Federal banking agencies (as defined in such section 3).
+
+(2) Authority of agencies.— Subject to any term or condition imposed by the Secretary of the Treasury under paragraph (3), the provisions of this section shall apply to an appropriate Federal banking agency to which is delegated any authority of the Secretary under this section in the same manner such provisions apply to the Secretary.
+
+(3) Terms and conditions.— (A) In general.— The Secretary of the Treasury shall prescribe by regulation the terms and conditions which shall apply to any delegation under paragraph (1).
+
+(B) Maximum dollar amount.— The terms and conditions authorized under subparagraph (A) may include, in the Secretary’s sole discretion, a limitation on the amount of any civil penalty which may be assessed by an appropriate Federal banking agency pursuant to a delegation under paragraph (1).
+
+(f) Additional Damages for Repeat Violators.— (1) In general.— In addition to any other fines permitted under this section and section 5322, with respect to a person who has previously violated a provision of (or rule issued under) this subchapter, section 21 of the Federal Deposit Insurance Act (12 U.S.C. 1829b), or section 123 of Public Law 91–508 (12 U.S.C. 1953), the Secretary of the Treasury, if practicable, may impose an additional civil penalty against such person for each additional such violation in an amount that is not more than the greater of—
+
+(A) if practicable to calculate, 3 times the profit gained or loss avoided by such person as a result of the violation; or
+
+(B) 2 times the maximum penalty with respect to the violation.
+
+(2) Application.— For purposes of determining whether a person has committed a previous violation under paragraph (1), the determination shall only include violations occurring after the date of enactment of the Anti-Money Laundering Act of 2020.
+
+(g) Certain Violators Barred From Serving on Boards of United States Financial Institutions.— (1) Definition.— In this subsection, the term “egregious violation” means, with respect to an individual—
+
+(A) a criminal violation—
+
+(i) for which the individual is convicted; and
+
+(ii) for which the maximum term of imprisonment is more than 1 year; and
+
+(B) a civil violation in which—
+
+(i) the individual willfully committed the violation; and
+
+(ii) the violation facilitated money laundering or the financing of terrorism.
+
+(2) Bar.— An individual found to have committed an egregious violation of the Bank Secrecy Act, as defined in section 6003 of the Anti-Money Laundering Act of 2020, or any rules issued under the Bank Secrecy Act, shall be barred from serving on the board of directors of a United States financial institution during the 10-year period that begins on the date on which the conviction or judgment, as applicable, with respect to the egregious violation is entered.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 999; Pub. L. 98–473, title II, § 901(a), Oct. 12, 1984, 98 Stat. 2135; Pub. L. 99–570, title I, §§ 1356(c)(1), 1357(a)–(f), (h), Oct. 27, 1986, 100 Stat. 3207–24—3207–26; Pub. L. 100–690, title VI, § 6185(g)(2), Nov. 18, 1988, 102 Stat. 4357; Pub. L. 102–550, title XV, §§ 1511(b), 1525(b), 1535(a)(2), 1561(a), Oct. 28, 1992, 106 Stat. 4057, 4065, 4066, 4071; Pub. L. 103–322, title XXXIII, § 330017(a)(1), Sept. 13, 1994, 108 Stat. 2149; Pub. L. 103–325, title IV, §§ 406, 411(b), 413(a)(1), Sept. 23, 1994, 108 Stat. 2247, 2253, 2254; Pub. L. 104–208, div. A, title II, § 2223(3), Sept. 30, 1996, 110 Stat. 3009–415; Pub. L. 107–56, title III, §§ 353(a), 363(a), 365(c)(2)(B)(i), Oct. 26, 2001, 115 Stat. 322, 332, 335; Pub. L. 108–357, title VIII, § 821(a), Oct. 22, 2004, 118 Stat. 1586; Pub. L. 116–283, div. F, title LXIII, §§ 6309, 6310(a), title LXIV, § 6403(b)(1), Jan. 1, 2021, 134 Stat. 4594, 4595, 4623.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5321(a)(1)31:1054(b)(last sentence related to civil penalties).Oct. 26, 1970, Pub. L. 91–508, §§ 205(b)(last sentence related to civil penalties), 207, 233, 234, 84 Stat. 1120, 1123. 31:1056(a). 5321(a)(2)31:1103. 5321(a)(3)31:1143(a), (b)(words after last comma).Sept. 21, 1973, Pub. L. 93–110, § 203(a), (b)(words after last comma), 87 Stat. 353. 5321(b)31:1056(b). 5321(c)31:1104. In subsection (a)(1), the words “or a regulation prescribed under this subchapter” are added because of the restatement. The words “(except section 5315 of this title or a regulation prescribed under section 5315)” are added because 31:1141–1143 was not enacted as a part of the Currency and Foreign Transactions Reporting Act that is restated in this subchapter. The words “is liable to the United States Government for” are substituted for “the Secretary may assess upon” in 31:1056(a) for consistency in the revised title and with other titles of the United States Code. The words “the purposes of both civil and criminal penalties for” in 31:1054(b)(last sentence)(related to civil penalties) are omitted, and the words “or a regulation prescribed under section 5318(2)” are added, because of the restatement. The words “the violation continues” are added for consistency in the revised title and with other titles of the Code. The word “separate” before “office” is omitted as surplus. In subsection (a)(2), the word “impose” is substituted for “assess” for consistency in the revised title and with other titles of the Code. The word “additional” is substituted for 31:1103 (last sentence words before last comma) to eliminate unnecessary words. The words “or a regulation prescribed under section 5316” are added because of the restatement. The words “amount of this”, “to be filed”, and “actually” are omitted as surplus. Subsection (a)(3) is substituted for 31:1143(a) and (b)(words after last comma) for clarity and consistency and because of the restatement. In subsection (b), the words “in the discretion of”, “in the name of the United States”, and “of any person” are omitted as surplus. In subsection (c), the words “in his discretion” and “upon such terms and conditions as he deems reasonable and just” are omitted as surplus. The word “civil” is added for clarity.
+
+Editorial Notes
+
+References in TextSection 21 of the Federal Deposit Insurance Act, referred to in subsecs. (a)(1) and (f)(1), is classified to section 1829b of Title 12, Banks and Banking. Section 123 of Public Law 91–508, referred to in subsecs. (a)(1) and (f)(1), is classified to section 1953 of Title 12, Banks and Banking. The date of enactment of the Anti-Money Laundering Act of 2020, referred to in subsec. (f)(2), is the date of enactment of div. F of Pub. L. 116–283, which was approved Jan. 1, 2021. Section 6003 of the Anti-Money Laundering Act of 2020, referred to in subsec. (g)(2), is section 6003 of div. F of Pub. L. 116–283, which is set out as a note under section 5311 of this title. Such section 6003 defines terms, including the Bank Secrecy Act, as used in div. F of Pub. L. 116–283.
+
+Amendments2021—Subsec. (a)(1). Pub. L. 116–283, § 6403(b)(1)(A), substituted “sections 5314, 5315, and 5336” for “sections 5314 and 5315” in two places. Subsec. (a)(6). Pub. L. 116–283, § 6403(b)(1)(B), inserted “(except section 5336)” after “subchapter” wherever appearing. Subsec. (f). Pub. L. 116–283, § 6309, added subsec. (f). Subsec. (g). Pub. L. 116–283, § 6310(a), added subsec. (g). 2004—Subsec. (a)(5). Pub. L. 108–357 amended heading and text of par. (5) generally, inserting provisions changing the penalties for violating section 5314 of this title and providing a reasonable cause exception. 2001—Subsec. (a)(1). Pub. L. 107–56, §§ 353(a), 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution” in two places, “or order issued” after “subchapter or a regulation prescribed”, and “, or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508,” after “sections 5314 and 5315)”. Subsec. (a)(6). Pub. L. 107–56, § 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution” wherever appearing. Subsec. (a)(7). Pub. L. 107–56, § 363(a), added par. (7). 1996—Subsec. (a)(7). Pub. L. 104–208 struck out par. (7) which read as follows: “(7) Financial institution identification violations.— “(A) Penalty authorized.—The Secretary may impose a civil money penalty on any person who willfully violates any provision of section 5327 or any regulation prescribed under such section. “(B) Maximum amount limitation.—The amount of any civil money penalty imposed under subparagraph (A) shall not exceed $10,000 per day for each day during which a report remains unfiled or a report containing a material omission or misstatement of fact remains uncorrected.” 1994—Subsec. (a)(4)(A). Pub. L. 103–325, § 411(b), struck out “willfully” before “violates”. Subsec. (a)(5)(A). Pub. L. 103–322, § 330017(a)(1) and Pub. L. 103–325, § 413(a)(1), amended subpar. (A) identically, inserting “any violation of” after “causing”. Subsec. (e). Pub. L. 103–325, § 406, added subsec. (e). 1992—Subsec. (a)(4)(C). Pub. L. 102–550, § 1525(b), struck out “under section 5317(d)” after “forfeiture to the United States”. Subsec. (a)(5)(A). Pub. L. 102–550, § 1535(a)(2), inserted “or any person willfully causing” after “willfully violates”. Subsec. (a)(6). Pub. L. 102–550, § 1561(a), amended par. (6) generally. Prior to amendment, par. (6) read as follows: “Negligence.—The Secretary of the Treasury may impose a civil money penalty of not more than $500 on any financial institution which negligently violates any provision of this subchapter or any regulation prescribed under this subchapter.” Subsec. (a)(7). Pub. L. 102–550, § 1511(b), added par. (7). 1988—Subsec. (a)(1). Pub. L. 100–690 inserted “(if any)” after “transaction”. 1986—Subsec. (a)(1). Pub. L. 99–570, §§ 1356(c)(1), 1357(b), substituted “sections 5314 and 5315” for “section 5315” in two places, substituted “5318(a)(2)” for “5318(2)” in two places, and substituted “the greater of the amount (not to exceed $100,000) involved in the transaction or $25,000” for “$10,000”. Subsec. (a)(4). Pub. L. 99–570, § 1357(a), added par. (4). Subsec. (a)(5). Pub. L. 99–570, § 1357(c), added par. (5). Subsec. (a)(6). Pub. L. 99–570, § 1357(d), added par. (6). Subsec. (b). Pub. L. 99–570, § 1357(e), amended subsec. (b) generally. Prior to amendment, subsec. (b) read as follows: “The Secretary may bring a civil action to recover a civil penalty under subsection (a)(1) or (2) of this section that has not been paid.” Subsec. (c). Pub. L. 99–570, § 1357(h), substituted “subsection (c) or (d) of section 5317” for “section 5317(b)”. Subsec. (d). Pub. L. 99–570, § 1357(f), added subsec. (d). 1984—Subsec. (a)(1). Pub. L. 98–473 substituted “$10,000” for “$1,000”.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2004 AmendmentPub. L. 108–357, title VIII, § 821(b), Oct. 22, 2004, 118 Stat. 1586, provided that: “The amendment made by this section [amending this section] shall apply to violations occurring after the date of the enactment of this Act [Oct. 22, 2004].”
+
+Effective Date of 1992 AmendmentPub. L. 102–550, title XV, § 1561(b), Oct. 28, 1992, 106 Stat. 4072, provided that: “The amendment made by subsection (a) [amending this section] shall apply with respect to violations committed after the date of the enactment of this Act [Oct. 28, 1992].”
+
+Effective Date of 1986 AmendmentAmendment by section 1357(a) of Pub. L. 99–570, applicable with respect to violations committed after the end of the 3-month period beginning Oct. 27, 1986, see section 1364(b) of Pub. L. 99–570, set out as a note under section 5317 of this title. Pub. L. 99–570, title I, § 1364(c), Oct. 27, 1986, 100 Stat. 3207–34, provided that: “The amendments made by section 1357 (other than subsection (a) of such section) [amending sections 5321 and 5322 of this title] shall apply with respect to violations committed after the date of the enactment of this Act [Oct. 27, 1986].”
+
+Construction of 2021 AmendmentPub. L. 116–283, div. F, title LXIII, § 6310(b), Jan. 1, 2021, 134 Stat. 4595, provided that: “Nothing in the amendment made by subsection (a) [amending this section] shall be construed to limit the application of section 19 of the Federal Deposit Insurance Act (12 U.S.C. 1829).”

legal/us/code/title-31/chapter-53/section-5322.md

@@ -0,0 +1,63 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5322"
+description: "Criminal penalties"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5322"
+citation: "31 U.S.C. § 5322"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5322"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "62ecd9d24bef8c80fd260ff6726d6b4116f85d39b121219fd6e3c02cf3b30f38"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "64cbcfceb9ac29b08a8688cc2aa342abe259528b320cd294782bbd797ccd09ac"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5322 - Criminal penalties
+
+## Text
+
+(a) A person willfully violating this subchapter or a regulation prescribed or order issued under this subchapter (except section 5315, 5324, or 5336 of this title or a regulation prescribed under section 5315, 5324, or 5336), or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508, shall be fined not more than $250,000, or imprisoned for not more than five years, or both.
+
+(b) A person willfully violating this subchapter or a regulation prescribed or order issued under this subchapter (except section 5315, 5324, or 5336 of this title or a regulation prescribed under section 5315, 5324, or 5336), or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508, while violating another law of the United States or as part of a pattern of any illegal activity involving more than $100,000 in a 12-month period, shall be fined not more than $500,000, imprisoned for not more than 10 years, or both.
+
+(c) For a violation of section 5318(a)(2) of this title or a regulation prescribed under section 5318(a)(2), a separate violation occurs for each day the violation continues and at each office, branch, or place of business at which a violation occurs or continues.
+
+(d) A financial institution or agency that violates any provision of subsection (i) or (j) of section 5318, or any special measures imposed under section 5318A, or any regulation prescribed under subsection (i) or (j) of section 5318 or section 5318A, shall be fined in an amount equal to not less than 2 times the amount of the transaction, but not more than $1,000,000.
+
+(e) A person convicted of violating a provision of (or rule issued under) the Bank Secrecy Act, as defined in section 6003 of the Anti-Money Laundering Act of 2020, shall—
+
+(1) in addition to any other fine under this section, be fined in an amount that is equal to the profit gained by such person by reason of such violation, as determined by the court; and
+
+(2) if the person is an individual who was a partner, director, officer, or employee of a financial institution at the time the violation occurred, repay to such financial institution any bonus paid to the individual during the calendar year in which the violation occurred or the calendar year after which the violation occurred.
+
+(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1000; Pub. L. 98–473, title II, § 901(b), Oct. 12, 1984, 98 Stat. 2135; Pub. L. 99–570, title I, §§ 1356(c)(1), 1357(g), Oct. 27, 1986, 100 Stat. 3207–24, 3207–26; Pub. L. 102–550, title XV, § 1504(d)(2), Oct. 28, 1992, 106 Stat. 4055; Pub. L. 103–325, title IV, § 411(c)(1), Sept. 23, 1994, 108 Stat. 2253; Pub. L. 107–56, title III, §§ 353(b), 363(b), Oct. 26, 2001, 115 Stat. 323, 332; Pub. L. 116–283, div. F, title LXIII, § 6312(a), title LXIV, § 6403(b)(2), Jan. 1, 2021, 134 Stat. 4596, 4623.)
+
+## Notes
+
+Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 5322(a)31:1058.Oct. 26, 1970, Pub. L. 91–508, §§ 205(b)(last sentence related to criminal penalties), 209, 210, 84 Stat. 1120, 1121. 5322(b)31:1059. 5322(c)31:1054(b)(last sentence related to criminal penalties). In subsections (a) and (b), the words “(except section 5315 of this title or a regulation prescribed under section 5315)” are added because 31:1141–1143 was not enacted as part of the Currency and Foreign Transactions Reporting Act that is restated in the subchapter. In subsection (a), the word “prescribed” is added for consistency. In subsection (b), the words “or a regulation prescribed under this subchapter” are added because of the restatement. The words “committed” and “the commission of” are omitted as surplus. The words “United States” are substituted for “Federal” for consistency in the revised title and with other titles of the United States Code. In subsection (c), the words “the purposes of both civil and criminal penalties for” are omitted because of the restatement. The word “separate” before “office” is omitted as surplus.
+
+Editorial Notes
+
+References in TextSection 21 of the Federal Deposit Insurance Act, referred to in subsecs. (a) and (b), is classified to section 1829b of Title 12, Banks and Banking. Section 123 of Public Law 91–508, referred to in subsecs. (a) and (b), is classified to section 1953 of Title 12, Banks and Banking. Section 6003 of the Anti-Money Laundering Act of 2020, referred to in subsec. (e), is section 6003 of div. F of Pub. L. 116–283, which is set out as a note under section 5311 of this title. Such section 6003 defines terms, including the Bank Secrecy Act, as used in div. F of Pub. L. 116–283.
+
+Amendments2021—Subsecs. (a), (b). Pub. L. 116–283, § 6403(b)(2), substituted “section 5315, 5324, or 5336” for “section 5315 or 5324” in two places. Subsec. (e). Pub. L. 116–283, § 6312(a), added subsec. (e). 2001—Subsec. (a). Pub. L. 107–56, § 353(b)(1), inserted “or order issued” after “willfully violating this subchapter or a regulation prescribed” and “, or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508,” after “under section 5315 or 5324)”. Subsec. (b). Pub. L. 107–56, § 353(b)(2), inserted “or order issued” after “willfully violating this subchapter or a regulation prescribed” and “or willfully violating a regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508,” after “under section 5315 or 5324),”. Subsec. (d). Pub. L. 107–56, § 363(b), added subsec. (d). 1994—Subsecs. (a), (b). Pub. L. 103–325 inserted “or 5324” after “section 5315” wherever appearing. 1992—Subsec. (a). Pub. L. 102–550 substituted “imprisoned for” for “imprisonment”. 1986—Subsec. (b). Pub. L. 99–570, § 1357(g), substituted “any illegal activity involving” for “illegal activity involving transactions of” and “10 years” for “5 years”. Subsec. (c). Pub. L. 99–570, § 1356(c)(1), substituted “5318(a)(2)” for “5318(2)” in two places. 1984—Subsec. (a). Pub. L. 98–473, which directed the substitution of “$250,000, or imprisonment not more than five years, or both” for “$1,000, or imprisonment not more than one year, or both”, was executed by substituting the quoted wording for “$1,000, imprisoned for not more than one year, or both” to reflect the probable intent of Congress.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 1986 AmendmentAmendment by section 1357(g) of Pub. L. 99–570 applicable with respect to violations committed after Oct. 27, 1986, see section 1364(c) of Pub. L. 99–570, set out as a note under section 5321 of this title.
+
+Construction of 2021 AmendmentPub. L. 116–283, div. F, title LXIII, § 6312(b), Jan. 1, 2021, 134 Stat. 4596, provided that: “The amendment made by subsection (a) [amending this section] may not be construed to prohibit a financial institution from requiring the repayment of a bonus paid to a partner, director, officer, or employee if the financial institution determines that the partner, director, officer, or employee engaged in unethical, but non-criminal, activities.”

legal/us/code/title-31/chapter-53/section-5323.md

@@ -0,0 +1,237 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5323"
+description: "Whistleblower incentives and protections"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5323"
+citation: "31 U.S.C. § 5323"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5323"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "9a37961c319cb98e9260fc2251ba06babcd83d0777d54953523d28538b4670cc"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "10b9e0b10995cde96b0d7f90111dcd9d8498c244b110401e961ae8dde1365d55"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5323 - Whistleblower incentives and protections
+
+## Text
+
+(a) Definitions.— In this section:
+
+(1) Covered judicial or administrative action.— The term “covered judicial or administrative action” means any judicial or administrative action brought by the Secretary of the Treasury (referred to in this section as the “Secretary”) or the Attorney General under this subchapter, chapter 35 or section 4305 or 4312 of title 50, the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), or .),11 So in original. and for conspiracies to violate the aforementioned provisions that results in monetary sanctions exceeding $1,000,000.
+
+(2) Monetary sanctions.— The term “monetary sanctions”, when used with respect to any judicial or administrative action—
+
+(A) means any monies, including penalties, disgorgement, and interest, ordered to be paid; and
+
+(B) does not include—
+
+(i) forfeiture;
+
+(ii) restitution; or
+
+(iii) any victim compensation payment.
+
+(3) Original information.— The term “original information” means information that—
+
+(A) is derived from the independent knowledge or analysis of a whistleblower;
+
+(B) is not known to the Secretary or the Attorney General from any other source, unless the whistleblower is the original source of the information; and
+
+(C) is not exclusively derived from an allegation made in a judicial or administrative hearing, in a governmental report, hearing, audit, or investigation, or from the news media, unless the whistleblower is a source of the information.
+
+(4) Related action.— The term “related action”, when used with respect to any covered judicial or administrative action brought by the Secretary or the Attorney General, means any judicial or administrative action brought by an entity described in any of subclauses (I) through (III) of subsection (g)(4)(D)(i) that is based upon the original information provided by a whistleblower pursuant to subsection (b) that led to the successful enforcement of the covered action.
+
+(5) Whistleblower.— (A) In general.— The term “whistleblower” means any individual who provides, or 2 or more individuals acting jointly who provide, information relating to a violation of this subchapter, chapter 35 or section 4305 or 4312 of title 50, the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), or .),1 and for conspiracies to violate the aforementioned provisions to the employer of the individual or individuals, including as part of the job duties of the individual or individuals, or to the Secretary or the Attorney General.
+
+(B) Special rule.— Solely for the purposes of subsection (g)(1), the term “whistleblower” includes any individual who takes, or 2 or more individuals acting jointly who take, an action described in subsection (g)(1)(A).
+
+(b) Awards.— (1) In general.— In any covered judicial or administrative action, or related action, the Secretary, under regulations prescribed by the Secretary, in consultation with the Attorney General and subject to subsection (c), shall pay an award or awards to 1 or more whistleblowers who voluntarily provided original information to the employer of the individual, the Secretary, or the Attorney General, as applicable, that led to the successful enforcement of the covered judicial or administrative action, or related action, in an aggregate amount equal to—
+
+(A) not less than 10 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions; and
+
+(B) not more than 30 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions.
+
+(2) Payment of awards.— (A) In general.— Any amount paid under paragraph (1) shall be paid from the Fund established under paragraph (3).
+
+(B) Related actions.— The Secretary may pay awards less than the amount described in paragraph (1)(A) for related actions in which a whistleblower may be paid by another whistleblower award program.
+
+(3) Source of awards.— (A) In general.— There shall be established in the Treasury of the United States a revolving fund to be known as the Financial Integrity Fund (referred to in this subsection as the “Fund”).
+
+(B) Use of fund.— The Fund shall be available to the Secretary, without further appropriation or fiscal year limitations, only for the payment of awards to whistleblowers as provided in subsection (b).
+
+(C) Restrictions on use of fund.— The Fund shall not be available to pay any personnel or administrative expenses.
+
+(4) Deposits and credits.— (A) In general.— There shall be deposited into or credited to the Fund an amount equal to—
+
+(i) any monetary sanction collected by the Secretary or Attorney General in any judicial or administrative action under this title, chapter 35 or section 4305 or 4312 of title 50, or the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), unless the balance of the Fund at the time the monetary sanction is collected exceeds $300,000,000; and
+
+(ii) all income from investments made under paragraph (5).
+
+(B) Additional amounts.— If the amounts deposited into or credited to the Fund under subparagraph (A) are not sufficient to satisfy an award made under this subsection, there shall be deposited into or credited to the Fund an amount equal to the unsatisfied portion of the award from any monetary sanction collected by the Secretary of the Treasury or Attorney General in the covered judicial or administrative action on which the award is based.
+
+(C) Exception.— No amounts to be deposited or transferred into the United States Victims of State Sponsored Terrorism Fund pursuant to the Justice for United States Victims of State Sponsored Terrorism Act (34 U.S.C. 20144) or the Crime Victims Fund pursuant section 1402 of the Victims of Crime Act of 1984 (34 U.S.C. 20101) shall be deposited into or credited to the Fund.
+
+(5) Investments.— (A) Amounts in fund may be invested.— The Secretary of the Treasury may invest the portion of the Fund that is not required to meet the current needs of the Fund.
+
+(B) Eligible investments.— Investments shall be made by the Secretary of the Treasury in obligations of the United States or obligations that are guaranteed as to principal and interest by the United States, with maturities suitable to the needs of the Fund as determined by the Secretary.
+
+(C) Interest and proceeds credited.— The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to, and form a part of, the Fund.
+
+(c) Determination of Amount of Award; Denial of Award.— (1) Determination of amount of award.— (A) Discretion.— The determination of the amount of an award made under subsection (b) shall be in the discretion of the Secretary.
+
+(B) Criteria.— In determining the amount of an award made under subsection (b), the Secretary shall take into consideration—
+
+(i) the significance of the information provided by the whistleblower to the success of the covered judicial or administrative action;
+
+(ii) the degree of assistance provided by the whistleblower and any legal representative of the whistleblower in a covered judicial or administrative action;
+
+(iii) the programmatic interest of the Department of the Treasury in deterring violations of this this 1 subchapter, chapter 35 or section 4305 or 4312 of title 50, and the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.) by making awards to whistleblowers who provide information that lead to the successful enforcement of the covered judicial or administrative action; and
+
+(iv) such additional relevant factors as the Secretary, in consultation with the Attorney General, may establish by rule or regulation.
+
+(2) Denial of award.— No award under subsection (b) may be made—
+
+(A) to any whistleblower who is, or was at the time the whistleblower acquired the original information submitted to the Secretary or the Attorney General, as applicable, a member, officer, or employee—
+
+(i) of—
+
+(I) an appropriate regulatory or banking agency;
+
+(II) the Department of the Treasury or the Department of Justice; or
+
+(III) a law enforcement agency; and
+
+(ii) acting in the normal course of the job duties of the whistleblower;
+
+(B) to any whistleblower who is convicted of a criminal violation related to the judicial or administrative action for which the whistleblower otherwise could receive an award under this section; or
+
+(C) to any whistleblower who fails to submit information to the Secretary or the Attorney General, as applicable, in such form as the Secretary, in consultation with the Attorney General, may, by rule, require.
+
+(d) Representation.— (1) Permitted representation.— Any whistleblower who makes a claim for an award under subsection (b) may be represented by counsel.
+
+(2) Required representation.— (A) In general.— Any whistleblower who anonymously makes a claim for an award under subsection (b) shall be represented by counsel if the whistleblower anonymously submits the information upon which the claim is based.
+
+(B) Disclosure of identity.— Before the payment of an award, a whistleblower shall disclose the identity of the whistleblower and provide such other information as the Secretary may require, directly or through counsel for the whistleblower.
+
+(e) No Contract Necessary.— No contract with the Department of the Treasury is necessary for any whistleblower to receive an award under subsection (b), unless otherwise required by the Secretary by rule or regulation.
+
+(f) Appeals.— (1) In general.— Any determination made under this section, including whether, to whom, or in what amount to make awards, shall be in the discretion of the Secretary.
+
+(2) Requirements.— (A) In general.— Any determination described in paragraph (1), except the determination of the amount of an award if the award was made in accordance with subsection (b), may be appealed to the appropriate court of appeals of the United States not more than 30 days after the determination is issued by the Secretary.
+
+(B) Scope of review.— The court to which a determination by the Secretary is appealed under subparagraph (A) shall review the determination in accordance with section 706 of title 5.
+
+(g) Protection of Whistleblowers.— (1) Prohibition against retaliation.— No employer may, directly or indirectly, discharge, demote, suspend, threaten, blacklist, harass, or in any other manner discriminate against a whistleblower in the terms and conditions of employment or post-employment because of any lawful act done by the whistleblower—
+
+(A) in providing information in accordance with this section to—
+
+(i) the Secretary or the Attorney General;
+
+(ii) a Federal regulatory or law enforcement agency;
+
+(iii) any Member of Congress or any committee of Congress; or
+
+(iv) a person with supervisory authority over the whistleblower, or such other person working for the employer who has the authority to investigate, discover, or terminate misconduct; or
+
+(B) in initiating, testifying in, or assisting in any investigation or judicial or administrative action of the Department of the Treasury or the Department of Justice based upon or related to the information described in subparagraph (A); or
+
+(C) in providing information regarding any conduct that the whistleblower reasonably believes constitutes a violation of any law, rule, or regulation subject to the jurisdiction of the Department of the Treasury, or a violation of section 1956, 1957, or 1960 of title 18 (or any rule or regulation under any such provision), to—
+
+(i) a person with supervisory authority over the whistleblower at the employer of the whistleblower; or
+
+(ii) another individual working for the employer described in clause (i) who the whistleblower reasonably believes has the authority to—
+
+(I) investigate, discover, or terminate the misconduct; or
+
+(II) take any other action to address the misconduct.
+
+(2) Enforcement.— Any individual who alleges discharge or other discrimination, or is otherwise aggrieved by an employer, in violation of paragraph (1), may seek relief by—
+
+(A) filing a complaint with the Secretary of Labor in accordance with the requirements of this subsection; or
+
+(B) if the Secretary of Labor has not issued a final decision within 180 days of the filing of a complaint under subparagraph (A), and there is no showing that such a delay is due to the bad faith of the claimant, bringing an action against the employer at law or in equity in the appropriate district court of the United States, which shall have jurisdiction over such an action without regard to the amount in controversy.
+
+(3) Procedure.— (A) Department of labor complaint.— (i) In general.— Except as provided in clause (ii) and subparagraph (C), the requirements under section 42121(b) of title 49, including the legal burdens of proof described in such section 42121(b), shall apply with respect to a complaint filed under paragraph (2)(A) by an individual against an employer.
+
+(ii) Exception.— With respect to a complaint filed under paragraph (2)(A), notification required to be made under section 42121(b)(1) of title 49 shall be made to each person named in the complaint, including the employer.
+
+(B) District court complaint.— (i) Jury trial.— A party to an action brought under paragraph (2)(B) shall be entitled to trial by jury.
+
+(ii) Statute of limitations.— (I) In general.— An action may not be brought under paragraph (2)(B)—
+
+(aa) more than 6 years after the date on which the violation of paragraph (1) occurs; or
+
+(bb) more than 3 years after the date on which when facts material to the right of action are known, or reasonably should have been known, by the employee alleging a violation of paragraph (1).
+
+(II) Required action within 10 years.— Notwithstanding subclause (I), an action under paragraph (2)(B) may not in any circumstance be brought more than 10 years after the date on which the violation occurs.
+
+(C) Relief.— Relief for an individual prevailing with respect to a complaint filed under subparagraph (A) of paragraph (2) or an action brought under subparagraph (B) of that paragraph shall include—
+
+(i) reinstatement with the same seniority status that the individual would have had, but for the conduct that is the subject of the complaint or action, as applicable;
+
+(ii) 2 times the amount of back pay otherwise owed to the individual, with interest;
+
+(iii) the payment of compensatory damages, which shall include compensation for litigation costs, expert witness fees, and reasonable attorneys’ fees; and
+
+(iv) any other appropriate remedy with respect to the conduct that is the subject of the complaint or action, as applicable.
+
+(4) Confidentiality.— (A) In general.— Except as provided in subparagraphs (C) and (D), the Secretary or the Attorney General, as applicable, and any officer or employee of the Department of the Treasury or the Department of Justice, shall not disclose any information, including information provided by a whistleblower to either such official, which could reasonably be expected to reveal the identity of a whistleblower, except in accordance with the provisions of section 552a of title 5, unless and until required to be disclosed to a defendant or respondent in connection with a public proceeding instituted by the appropriate such official or any entity described in subparagraph (D).
+
+(B) Exempted statute.— For purposes of section 552 of title 5, this paragraph shall be considered a statute described in subsection (b)(3)(B) of such section 552.
+
+(C) Rule of construction.— Nothing in this section is intended to limit, or shall be construed to limit, the ability of the Attorney General to present such evidence to a grand jury or to share such evidence with potential witnesses or defendants in the course of an ongoing criminal investigation.
+
+(D) Availability to government agencies.— (i) In general.— Without the loss of its status as confidential in the hands of the Secretary or the Attorney General, as applicable, all information referred to in subparagraph (A) may, in the discretion of the appropriate such official, when determined by that official to be necessary to accomplish the purposes of this subchapter, chapter 35 or section 4305 or 4312 of title 50, or the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), be made available to—
+
+(I) any appropriate Federal authority;
+
+(II) a State attorney general in connection with any criminal investigation;
+
+(III) any appropriate State regulatory authority; and
+
+(IV) a foreign law enforcement authority.
+
+(ii) Confidentiality.— (I) In general.— Each of the entities described in subclauses (I) through (III) of clause (i) shall maintain such information as confidential in accordance with the requirements established under subparagraph (A).
+
+(II) Foreign authorities.— Each entity described in clause (i)(IV) shall maintain such information in accordance with such assurances of confidentiality as determined by the Secretary or Attorney General, as applicable.
+
+(5) Rights retained.— Nothing in this section shall be deemed to diminish the rights, privileges, or remedies of any whistleblower under any Federal or State law or under any collective bargaining agreement.
+
+(6) Coordination with other provisions of law.— This subsection shall not apply with respect to any employer that is subject to section 33 of the Federal Deposit Insurance Act (12 U.S.C. 1831j) or section 213 or 214 of the Federal Credit Union Act (12 U.S.C. 1790b, 1790c).
+
+(h) Provision of False Information.— A whistleblower shall not be entitled to an award under this section if the whistleblower—
+
+(1) knowingly and willfully makes any false, fictitious, or fraudulent statement or representation; or
+
+(2) uses any false writing or document knowing the writing or document contains any false, fictitious, or fraudulent statement or entry.
+
+(i) Rulemaking Authority.— The Secretary, in consultation with the Attorney General, shall have the authority to issue such rules and regulations as may be necessary or appropriate to implement the provisions of this section consistent with the purposes of this section.
+
+(j) Nonenforceability of Certain Provisions Waiving Rights and Remedies or Requiring Arbitration of Disputes.— (1) Waiver of rights and remedies.— The rights and remedies provided for in this section may not be waived by any agreement, policy form, or condition of employment, including by a predispute arbitration agreement.
+
+(2) Predispute arbitration agreements.— No predispute arbitration agreement shall be valid or enforceable, to the extent the agreement requires arbitration of a dispute arising under this section.
+
+(Added Pub. L. 98–473, title II, § 901(e), Oct. 12, 1984, 98 Stat. 2135; amended Pub. L. 116–283, div. F, title LXIII, § 6314(a), Jan. 1, 2021, 134 Stat. 4597; Pub. L. 117–328, div. AA, title IV, § 401, Dec. 29, 2022, 136 Stat. 5536.)
+
+## Notes
+
+Editorial Notes
+
+References in TextChapter 35 of title 50, referred to in subsecs. (a)(1), (5), (b)(4)(A)(i), (c)(1)(B)(iii), and (g)(4)(D)(i), probably should be a reference to the International Emergency Economic Powers Act, title II of Pub. L. 95–223, Dec. 28, 1977, 91 Stat. 1626, which is classified generally to chapter 35 (§ 1701 et seq.) of Title 50, War and National Defense. Sections 4305 and 4312 of title 50, referred to in subsecs. (a)(1), (5), (b)(4)(A)(i), (c)(1)(B)(iii), and (g)(4)(D)(i), probably should be references to sections 5 and 12 of the Trading with the Enemy Act, act Oct. 6, 1917, ch. 106, which are classified to sections 4305 and 4312, respectively, of Title 50, War and National Defense. The Foreign Narcotics Kingpin Designation Act, referred to in subsecs. (a)(1), (5), (b)(4)(A)(i), (c)(1)(B)(iii), and (g)(4)(D)(i), is title VIII of Pub. L. 106–120, Dec. 3, 1999, 113 Stat. 1626, which is classified principally to chapter 24 (§ 1901 et seq.) of Title 21, Food and Drugs. For complete classification of this Act to the Code, see Short Title note set out under section 1901 of Title 21 and Tables.
+
+Amendments2022—Subsec. (a)(1). Pub. L. 117–328, § 401(b)(1)(A), substituted “this subchapter, chapter 35 or section 4305 or 4312 of title 50, the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), or .), and for conspiracies to violate the aforementioned provisions” for “this subchapter or subchapter III”. Subsec. (a)(4). Pub. L. 117–328, § 401(b)(1)(B), inserted “covered” after “respect to any”, struck out “under this subchapter or subchapter III” after “Attorney General”, and substituted “covered action” for “action by the Secretary or the Attorney General”. Subsec. (a)(5). Pub. L. 117–328, § 401(b)(1)(A), substituted “this subchapter, chapter 35 or section 4305 or 4312 of title 50, the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.), or .), and for conspiracies to violate the aforementioned provisions” for “this subchapter or subchapter III”. Subsec. (b). Pub. L. 117–328, § 401(a), added subsec. (b) and struck out former subsec. (b). Prior to amendment, text read as follows: “(1) In general.—In any covered judicial or administrative action, or related action, the Secretary, under regulations prescribed by the Secretary, in consultation with the Attorney General and subject to subsection (c) and to amounts made available in advance by appropriation Acts, shall pay an award or awards to 1 or more whistleblowers who voluntarily provided original information to the employer of the individual, the Secretary, or the Attorney General, as applicable, that led to the successful enforcement of the covered judicial or administrative action, or related action, in an aggregate amount equal to not more than 30 percent, in total, of what has been collected of the monetary sanctions imposed in the action or related actions. “(2) Source of awards.—For the purposes of paying any award under this section, the Secretary may, subject to amounts made available in advance by appropriation Acts, use monetary sanction amounts recovered based on the original information with respect to which the award is being paid.” Subsec. (c)(1)(B)(iii). Pub. L. 117–328, § 401(b)(2), substituted “this subchapter, chapter 35 or section 4305 or 4312 of title 50, and the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.)” for “subchapter and subchapter III” and “the covered judicial or administrative action” for “either such subchapter”. Subsec. (g)(4)(D)(i). Pub. L. 117–328, § 401(b)(3), inserted “chapter 35 or section 4305 or 4312 of title 50, or the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901 et seq.),” after “subchapter,”. 2021—Pub. L. 116–283 amended section generally. Prior to amendment, section related to rewards for informants.

legal/us/code/title-31/chapter-53/section-5324.md

@@ -0,0 +1,75 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5324"
+description: "Structuring transactions to evade reporting requirement prohibited"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5324"
+citation: "31 U.S.C. § 5324"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5324"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "8e9b5e8cf34c7a92db4f763482c29e45c8c51b43ecec776c176f47e88b7a4dc2"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "e0a48e0e9a6831bed0e85a80f18b17309728ffdee5dc7b18fddfc5a7224727b5"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5324 - Structuring transactions to evade reporting requirement prohibited
+
+## Text
+
+(a) Domestic Coin and Currency Transactions Involving Financial Institutions.— No person shall, for the purpose of evading the reporting requirements of section 5313(a) or 5325 or any regulation prescribed under any such section, the reporting or recordkeeping requirements imposed by any order issued under section 5326, or the recordkeeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508—
+
+(1) cause or attempt to cause a domestic financial institution to fail to file a report required under section 5313(a) or 5325 or any regulation prescribed under any such section, to file a report or to maintain a record required by an order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508;
+
+(2) cause or attempt to cause a domestic financial institution to file a report required under section 5313(a) or 5325 or any regulation prescribed under any such section, to file a report or to maintain a record required by any order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508, that contains a material omission or misstatement of fact; or
+
+(3) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.
+
+(b) Domestic Coin and Currency Transactions Involving Nonfinancial Trades or Businesses.— No person shall, for the purpose of evading the report requirements of section 5331 or any regulation prescribed under such section—
+
+(1) cause or attempt to cause a nonfinancial trade or business to fail to file a report required under section 5331 or any regulation prescribed under such section;
+
+(2) cause or attempt to cause a nonfinancial trade or business to file a report required under section 5331 or any regulation prescribed under such section that contains a material omission or misstatement of fact; or
+
+(3) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with 1 or more nonfinancial trades or businesses.
+
+(c) International Monetary Instrument Transactions.— No person shall, for the purpose of evading the reporting requirements of section 5316—
+
+(1) fail to file a report required by section 5316, or cause or attempt to cause a person to fail to file such a report;
+
+(2) file or cause or attempt to cause a person to file a report required under section 5316 that contains a material omission or misstatement of fact; or
+
+(3) structure or assist in structuring, or attempt to structure or assist in structuring, any importation or exportation of monetary instruments.
+
+(d) Criminal Penalty.— (1) In general.— Whoever violates this section shall be fined in accordance with title 18, United States Code, imprisoned for not more than 5 years, or both.
+
+(2) Enhanced penalty for aggravated cases.— Whoever violates this section while violating another law of the United States or as part of a pattern of any illegal activity involving more than $100,000 in a 12-month period shall be fined twice the amount provided in subsection (b)(3) or (c)(3) (as the case may be) of section 3571 of title 18, United States Code, imprisoned for not more than 10 years, or both.
+
+(Added Pub. L. 99–570, title I, § 1354(a), Oct. 27, 1986, 100 Stat. 3207–22; amended Pub. L. 102–550, title XV, §§ 1517(a), 1525(a), 1535(a)(1), Oct. 28, 1992, 106 Stat. 4059, 4064, 4066; Pub. L. 103–322, title XXXIII, § 330017(a)(2), Sept. 13, 1994, 108 Stat. 2149; Pub. L. 103–325, title IV, §§ 411(a), 413(a)(2), Sept. 23, 1994, 108 Stat. 2253, 2254; Pub. L. 107–56, title III, §§ 353(c), 365(b)(1), (2)(A), Oct. 26, 2001, 115 Stat. 323, 334, 335; Pub. L. 108–458, title VI, § 6203(g), Dec. 17, 2004, 118 Stat. 3747.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 21 of the Federal Deposit Insurance Act, referred to in subsec. (a), is classified to section 1829b of Title 12, Banks and Banking. Section 123 of Public Law 91–508, referred to in subsec. (a), is classified to section 1953 of Title 12, Banks and Banking.
+
+Amendments2004—Subsec. (b). Pub. L. 108–458 substituted “5331” for “5333” wherever appearing. 2001—Subsec. (a). Pub. L. 107–56, §§ 353(c)(1), (2), 365(b)(2)(A), inserted “Involving Financial Institutions” after “Transactions” in heading, and in introductory provisions, inserted comma after “No person shall” and substituted “section, the reporting or recordkeeping requirements imposed by any order issued under section 5326, or the recordkeeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508—” for “section—”. Subsec. (a)(1). Pub. L. 107–56, § 353(c)(3), inserted “, to file a report or to maintain a record required by an order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508” before semicolon at end. Subsec. (a)(2). Pub. L. 107–56, § 353(c)(4), inserted “, to file a report or to maintain a record required by any order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508,” after “regulation prescribed under any such section”. Subsecs. (b) to (d). Pub. L. 107–56, § 365(b)(1), added subsec. (b) and redesignated former subsecs. (b) and (c) as (c) and (d), respectively. 1994—Subsec. (a). Pub. L. 103–322, § 330017(a)(2) and Pub. L. 103–325, § 413(a)(2), amended subsec. (a), introductory provisions, identically, substituting “section 5313(a) or 5325 or any regulation prescribed under any such section” for “section 5313(a), section 5325, or the regulations issued thereunder or section 5325 or regulations prescribed under such section 5325” and striking out “with respect to such transaction” before dash. Subsec. (a)(1), (2). Pub. L. 103–322, § 330017(a)(2)(A) and Pub. L. 103–325, § 413(a)(2)(A), amended pars. (1) and (2) identically, substituting “section 5313(a) or 5325 or any regulation prescribed under any such section” for “section 5313(a), section 5325, or the regulations issued thereunder or section 5325 or regulations prescribed under such section 5325”. Subsec. (c). Pub. L. 103–325, § 411(a), added subsec. (c). 1992—Pub. L. 102–550, § 1525(a)(1), designated existing provisions as subsec. (a), inserted heading, and added subsec. (b). Pub. L. 102–550, §§ 1517(a), 1535(a)(1), inserted the following duplicative provisions “or section 5325 or regulations prescribed under such section 5325” and “, section 5325, or the regulations issued thereunder” after “section 5313(a)” wherever appearing.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2004 AmendmentAmendment by Pub. L. 108–458 effective as if included in Pub. L. 107–56, as of the date of enactment of such Act, and no amendment made by Pub. L. 107–56 that is inconsistent with such amendment to be deemed to have taken effect, see section 6205 of Pub. L. 108–458, set out as a note under section 1828 of Title 12, Banks and Banking.
+
+Effective DatePub. L. 99–570, title I, § 1364(a), Oct. 27, 1986, 100 Stat. 3207–34, provided that: “The amendment made by section 1354 [enacting this section] shall apply with respect to transactions for the payment, receipt, or transfer of United States coins or currency or other monetary instruments completed after the end of the 3-month period beginning on the date of the enactment of this Act [Oct. 27, 1986].”

legal/us/code/title-31/chapter-53/section-5325.md

@@ -0,0 +1,53 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5325"
+description: "Identification required to purchase certain monetary instruments"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5325"
+citation: "31 U.S.C. § 5325"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5325"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "cf68b335ac881f4e7bcd314e16e1f7e35cf55bc64d4d2327ac112912ca681360"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5325 - Identification required to purchase certain monetary instruments
+
+## Text
+
+(a) In General.— No financial institution may issue or sell a bank check, cashier’s check, traveler’s check, or money order to any individual in connection with a transaction or group of such contemporaneous transactions which involves United States coins or currency (or such other monetary instruments as the Secretary may prescribe) in amounts or denominations of $3,000 or more unless—
+
+(1) the individual has a transaction account with such financial institution and the financial institution—
+
+(A) verifies that fact through a signature card or other information maintained by such institution in connection with the account of such individual; and
+
+(B) records the method of verification in accordance with regulations which the Secretary of the Treasury shall prescribe; or
+
+(2) the individual furnishes the financial institution with such forms of identification as the Secretary of the Treasury may require in regulations which the Secretary shall prescribe and the financial institution verifies and records such information in accordance with regulations which such Secretary shall prescribe.
+
+(b) Report to Secretary Upon Request.— Any information required to be recorded by any financial institution under paragraph (1) or (2) of subsection (a) shall be reported by such institution to the Secretary of the Treasury at the request of such Secretary.
+
+(c) Transaction Account Defined.— For purposes of this section, the term “transaction account” has the meaning given to such term in section 19(b)(1)(C) of the Federal Reserve Act.
+
+(Added Pub. L. 100–690, title VI, § 6185(b), Nov. 18, 1988, 102 Stat. 4355.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 19(b)(1)(C) of the Federal Reserve Act, referred to in subsec. (c), is classified to section 461(b)(1)(C) of Title 12, Banks and Banking.

legal/us/code/title-31/chapter-53/section-5326.md

@@ -0,0 +1,65 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5326"
+description: "Records of certain domestic transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5326"
+citation: "31 U.S.C. § 5326"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5326"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5326 - Records of certain domestic transactions
+
+## Text
+
+(a) In General.— If the Secretary of the Treasury finds, upon the Secretary’s own initiative or at the request of an appropriate Federal or State law enforcement official, that reasonable grounds exist for concluding that additional recordkeeping and reporting requirements are necessary to carry out the purposes of this subtitle or to prevent evasions thereof, the Secretary may issue an order requiring any domestic financial institution or nonfinancial trade or business or group of domestic financial institutions or nonfinancial trades or businesses in a geographic area—
+
+(1) to obtain such information as the Secretary may describe in such order concerning—
+
+(A) any transaction in which such financial institution or nonfinancial trade or business is involved for the payment, receipt, or transfer of funds (as the Secretary may describe in such order), the total amounts or denominations of which are equal to or greater than an amount which the Secretary may prescribe; and
+
+(B) any other person participating in such transaction;
+
+(2) to maintain a record of such information for such period of time as the Secretary may require; and
+
+(3) to file a report with respect to any transaction described in paragraph (1)(A) in the manner and to the extent specified in the order.
+
+(b) Authority To Order Depository Institutions To Obtain Reports From Customers.— (1) In general.— The Secretary of the Treasury may, by regulation or order, require any depository institution (as defined in section 3(c) of the Federal Deposit Insurance Act)—
+
+(A) to request any financial institution or nonfinancial trade or business (other than a depository institution) which engages in any reportable transaction with the depository institution to provide the depository institution with a copy of any report filed by the financial institution or nonfinancial trade or business under this subtitle with respect to any prior transaction (between such financial institution or nonfinancial trade or business and any other person) which involved any portion of the funds which are involved in the reportable transaction with the depository institution; and
+
+(B) if no copy of any report described in subparagraph (A) is received by the depository institution in connection with any reportable transaction to which such subparagraph applies, to submit (in addition to any report required under this subtitle with respect to the reportable transaction) a written notice to the Secretary that the financial institution or nonfinancial trade or business failed to provide any copy of such report.
+
+(2) Reportable transaction defined.— For purposes of this subsection, the term “reportable transaction” means any transaction involving funds (as the Secretary may describe in the regulation or order) the total amounts or denominations of which are equal to or greater than an amount which the Secretary may prescribe.
+
+(c) Nondisclosure of Orders.— No financial institution or nonfinancial trade or business or officer, director, employee or agent of a financial institution or nonfinancial trade or business subject to an order under this section may disclose the existence of, or terms of, the order to any person except as prescribed by the Secretary.
+
+(d) Maximum Effective Period for Order.— No order issued under subsection (a) shall be effective for more than 180 days unless renewed pursuant to the requirements of subsection (a).
+
+(Added Pub. L. 100–690, title VI, § 6185(c), Nov. 18, 1988, 102 Stat. 4355; amended Pub. L. 102–550, title XV, §§ 1514, 1562, Oct. 28, 1992, 106 Stat. 4058, 4072; Pub. L. 107–56, title III, §§ 353(d), 365(c)(2)(B), Oct. 26, 2001, 115 Stat. 323, 335; Pub. L. 115–44, title II, § 275(a), Aug. 2, 2017, 131 Stat. 938.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 3(c) of the Federal Deposit Insurance Act, referred to in subsec. (b)(1), is classified to section 1813(c) of Title 12, Banks and Banking.
+
+Amendments2017—Pub. L. 115–44, § 275(a)(1), struck out “coin and currency” before “transactions” in section catchline. Subsec. (a). Pub. L. 115–44, § 275(a)(2)(A), substituted “subtitle or to” for “subtitle and” in introductory provisions. Subsec. (a)(1)(A). Pub. L. 115–44, § 275(a)(2)(B), substituted “funds (as the Secretary may describe in such order),” for “United States coins or currency (or such other monetary instruments as the Secretary may describe in such order)”. Subsec. (b)(1)(A). Pub. L. 115–44, § 275(a)(3)(A), substituted “funds” for “coins or currency (or monetary instruments)”. Subsec. (b)(2). Pub. L. 115–44, § 275(a)(3)(B), substituted “funds (as the Secretary may describe in the regulation or order)” for “coins or currency (or such other monetary instruments as the Secretary may describe in the regulation or order)”. 2001—Subsec.(a). Pub. L. 107–56, § 365(c)(2)(B), inserted “or nonfinancial trade or business” after “financial institution” and “or nonfinancial trades or businesses” for “financial institutions” in introductory provisions. Subsec. (a)(1)(A). Pub. L. 107–56, § 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution”. Subsec. (b)(1)(A). Pub. L. 107–56, § 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution” wherever appearing. Subsec. (b)(1)(B). Pub. L. 107–56, § 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution”. Subsec. (c). Pub. L. 107–56, § 365(c)(2)(B)(i), inserted “or nonfinancial trade or business” after “financial institution” in two places. Subsec. (d). Pub. L. 107–56, § 353(d), substituted “more than 180 days” for “more than 60 days”. 1992—Subsecs. (b) to (d). Pub. L. 102–550 added subsecs. (b) and (c) and redesignated former subsec. (b) as (d).

legal/us/code/title-31/chapter-53/section-5327.md

@@ -0,0 +1,33 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5327"
+description: "Repealed. Pub. L. 104–208, div. A, title II, § 2223(1), Sept. 30, 1996, 110 Stat. 3009–415]"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5327"
+citation: "31 U.S.C. § 5327"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5327"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "5bccd26b5570fd9df801e6c09cf0a3c21877fb402e2550166b480cab451d31b0"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "2b1f4df108bc9598102daae3dc2a08a2ccca6b560d443751425c0088535be74d"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5327 - Repealed. Pub. L. 104–208, div. A, title II, § 2223(1), Sept. 30, 1996, 110 Stat. 3009–415]
+
+## Notes
+
+Section, added Pub. L. 102–550, title XV, § 1511(a), Oct. 28, 1992, 106 Stat. 4056, required Secretary to prescribe regulations requiring depository institutions to identify and report on financial institution customers.

legal/us/code/title-31/chapter-53/section-5328.md

@@ -0,0 +1,33 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5328"
+description: "Repealed. Pub. L. 116–283, div. F, title LXIII, § 6314(b), Jan. 1, 2021, 134 Stat. 4603]"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5328"
+citation: "31 U.S.C. § 5328"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5328"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "a2a312922c2e2360fc1fce17ce72d484f588ce8e90a4af0cb0b9a4b88dd15132"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "35e9f72c1579c726487637608b29f177330244eab350605f762c9c0c2b444fe2"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5328 - Repealed. Pub. L. 116–283, div. F, title LXIII, § 6314(b), Jan. 1, 2021, 134 Stat. 4603]
+
+## Notes
+
+Section, added Pub. L. 102–550, title XV, § 1563(a), Oct. 28, 1992, 106 Stat. 4072; amended Pub. L. 107–56, title III, § 365(c)(2)(B)(i), Oct. 26, 2001, 115 Stat. 335, related to whistleblower protections. See section 5323 of this title.

legal/us/code/title-31/chapter-53/section-5329.md

@@ -0,0 +1,39 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5329"
+description: "Staff commentaries"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5329"
+citation: "31 U.S.C. § 5329"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5329"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "b4164ebac067500b6efe3aacfaaf64ba97d3e136d8863456923453d425157f68"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "5f2043023493f5900af864a81e63cd8ea5e72e840625e7d8cd4636be0028fe25"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5329 - Staff commentaries
+
+## Text
+
+The Secretary shall—
+
+(1) publish all written rulings interpreting this subchapter; and
+
+(2) annually issue a staff commentary on the regulations issued under this subchapter.
+
+(Added Pub. L. 103–325, title III, § 311(a), Sept. 23, 1994, 108 Stat. 2221.)

legal/us/code/title-31/chapter-53/section-5330.md

@@ -0,0 +1,101 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5330"
+description: "Registration of money transmitting businesses"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5330"
+citation: "31 U.S.C. § 5330"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5330"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "87c60d1a2096225633902891c9feedf88f7f0681a5d21116ede4f0a618643322"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "f6864640f0d324c2b17a3bb9d17a1c3263bd669d71ade3c4d9a9550d47f26f07"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5330 - Registration of money transmitting businesses
+
+## Text
+
+(a) Registration With Secretary of the Treasury Required.— (1) In general.— Any person who owns or controls a money transmitting business shall register the business (whether or not the business is licensed as a money transmitting business in any State) with the Secretary of the Treasury not later than the end of the 180-day period beginning on the later of—
+
+(A) the date of enactment of the Money Laundering Suppression Act of 1994; or
+
+(B) the date on which the business is established.
+
+(2) Form and manner of registration.— Subject to the requirements of subsection (b), the Secretary of the Treasury shall prescribe, by regulation, the form and manner for registering a money transmitting business pursuant to paragraph (1).
+
+(3) Businesses remain subject to state law.— This section shall not be construed as superseding any requirement of State law relating to money transmitting businesses operating in such State.
+
+(4) False and incomplete information.— The filing of false or materially incomplete information in connection with the registration of a money transmitting business shall be considered as a failure to comply with the requirements of this subchapter.
+
+(b) Contents of Registration.— The registration of a money transmitting business under subsection (a) shall include the following information:
+
+(1) The name and location of the business.
+
+(2) The name and address of each person who—
+
+(A) owns or controls the business;
+
+(B) is a director or officer of the business; or
+
+(C) otherwise participates in the conduct of the affairs of the business.
+
+(3) The name and address of any depository institution at which the business maintains a transaction account (as defined in section 19(b)(1)(C) of the Federal Reserve Act).
+
+(4) An estimate of the volume of business in the coming year (which shall be reported annually to the Secretary).
+
+(5) Such other information as the Secretary of the Treasury may require.
+
+(c) Agents of Money Transmitting Businesses.— (1) Maintenance of lists of agents of money transmitting businesses.— Pursuant to regulations which the Secretary of the Treasury shall prescribe, each money transmitting business shall—
+
+(A) maintain a list containing the names and addresses of all persons authorized to act as an agent for such business in connection with activities described in subsection (d)(1)(A) and such other information about such agents as the Secretary may require; and
+
+(B) make the list and other information available on request to any appropriate law enforcement agency.
+
+(2) Treatment of agent as money transmitting business.— The Secretary of the Treasury shall prescribe regulations establishing, on the basis of such criteria as the Secretary determines to be appropriate, a threshold point for treating an agent of a money transmitting business as a money transmitting business for purposes of this section.
+
+(d) Definitions.— For purposes of this section, the following definitions shall apply:
+
+(1) Money transmitting business.— The term “money transmitting business” means any business other than the United States Postal Service which—
+
+(A) provides check cashing, currency exchange, or money transmitting or remittance services, or issues or redeems money orders, travelers’ checks, and other similar instruments or any other person who engages as a business in the transmission of currency, funds, or value that substitutes for currency, including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system;
+
+(B) is required to file reports under section 5313; and
+
+(C) is not a depository institution (as defined in section 5313(g)).
+
+(2) Money transmitting service.— The term “money transmitting service” includes accepting currency, funds, or value that substitutes for currency and transmitting the currency, funds, or value that substitutes for currency by any means, including through a financial agency or institution, a Federal reserve bank or other facility of the Board of Governors of the Federal Reserve System, or an electronic funds transfer network.
+
+(e) Civil Penalty for Failure To Comply With Registration Requirements.— (1) In general.— Any person who fails to comply with any requirement of this section or any regulation prescribed under this section shall be liable to the United States for a civil penalty of $5,000 for each such violation.
+
+(2) Continuing violation.— Each day a violation described in paragraph (1) continues shall constitute a separate violation for purposes of such paragraph.
+
+(3) Assessments.— Any penalty imposed under this subsection shall be assessed and collected by the Secretary of the Treasury in the manner provided in section 5321 and any such assessment shall be subject to the provisions of such section.
+
+(Added Pub. L. 103–325, title IV, § 408(b), Sept. 23, 1994, 108 Stat. 2250; amended Pub. L. 107–56, title III, § 359(b), Oct. 26, 2001, 115 Stat. 328; Pub. L. 116–283, div. F, title LXI, § 6102(d)(2), Jan. 1, 2021, 134 Stat. 4553.)
+
+## Notes
+
+Editorial Notes
+
+References in TextThe date of enactment of the Money Laundering Suppression Act of 1994, referred to in subsec. (a)(1)(A), is the date of enactment of title IV of Pub. L. 103–325, which was approved Sept. 23, 1994. Section 19(b)(1)(C) of the Federal Reserve Act, referred to in subsec. (b)(3), is classified to section 461(b)(1)(C) of Title 12, Banks and Banking.
+
+Amendments2021—Subsec. (d)(1)(A). Pub. L. 116–283, § 6102(d)(2)(A), substituted “currency, funds, or value that substitutes for currency,” for “funds,” and “system;” for “system;;”. Subsec. (d)(2). Pub. L. 116–283, § 6102(d)(2)(B), substituted “currency, funds, or value that substitutes for currency” for “currency or funds denominated in the currency of any country” after “accepting”, substituted “currency, funds, or value that substitutes for currency” for “currency or funds, or the value of the currency or funds,” after “transmitting the”, and inserted “, including” after “means”. 2001—Subsec. (d)(1)(A). Pub. L. 107–56 inserted before semicolon “or any other person who engages as a business in the transmission of funds, including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system;”.
+
+Statutory Notes and Related Subsidiaries
+
+Findings and PurposesPub. L. 103–325, title IV, § 408(a), Sept. 23, 1994, 108 Stat. 2249, provided that: “(1) Findings.—The Congress hereby finds the following:“(A) Money transmitting businesses are subject to the recordkeeping and reporting requirements of subchapter II of chapter 53 of title 31, United States Code. “(B) Money transmitting businesses are largely unregulated businesses and are frequently used in sophisticated schemes to—“(i) transfer large amounts of money which are the proceeds of unlawful enterprises; and “(ii) evade the requirements of such subchapter II, the Internal Revenue Code of 1986 [26 U.S.C. 1 et seq.], and other laws of the United States. “(C) Information on the identity of money transmitting businesses and the names of the persons who own or control, or are officers or employees of, a money transmitting business would have a high degree of usefulness in criminal, tax, or regulatory investigations and proceedings. “(2) Purpose.—It is the purpose of this section [enacting this section and amending section 1960 of Title 18, Crimes and Criminal Procedure] to establish a registration requirement for businesses engaged in providing check cashing, currency exchange, or money transmitting or remittance services, or issuing or redeeming money orders, travelers’ checks, and other similar instruments to assist the Secretary of the Treasury, the Attorney General, and other supervisory and law enforcement agencies to effectively enforce the criminal, tax, and regulatory laws and prevent such money transmitting businesses from engaging in illegal activities.”

legal/us/code/title-31/chapter-53/section-5331.md

@@ -0,0 +1,81 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5331"
+description: "Reports relating to coins and currency received in nonfinancial trade or business"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5331"
+citation: "31 U.S.C. § 5331"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5331"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "4a8f5448703e60ed76d766d18711e27f782277e8c9f47a512b31842a6a7d956c"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "106b2a55d5955fef1dccb5802e0824228144fd91db570cacf233aac488c52fbd"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5331 - Reports relating to coins and currency received in nonfinancial trade or business
+
+## Text
+
+(a) Coin and Currency Receipts of More Than $10,000.— Any person—
+
+(1) (A) who is engaged in a trade or business, and
+
+(B) who, in the course of such trade or business, receives more than $10,000 in coins or currency in 1 transaction (or 2 or more related transactions), or
+
+(2) who is required to file a report under section 6050I(g) of the Internal Revenue Code of 1986,
+
+shall file a report described in subsection (b) with respect to such transaction (or related transactions) with the Financial Crimes Enforcement Network at such time and in such manner as the Secretary may, by regulation, prescribe.
+
+(b) Form and Manner of Reports.— A report is described in this subsection if such report—
+
+(1) is in such form as the Secretary may prescribe;
+
+(2) contains—
+
+(A) the name and address, and such other identification information as the Secretary may require, of the person from whom the coins or currency was received;
+
+(B) the amount of coins or currency received;
+
+(C) the date and nature of the transaction; and
+
+(D) such other information, including the identification of the person filing the report, as the Secretary may prescribe.
+
+(c) Exceptions.— (1) Amounts received by financial institutions.— Subsection (a) shall not apply to amounts received in a transaction reported under section 5313 and regulations prescribed under such section.
+
+(2) Transactions occurring outside the united states.— Except to the extent provided in regulations prescribed by the Secretary, subsection (a) shall not apply to any transaction if the entire transaction occurs outside the United States.
+
+(d) Currency Includes Foreign Currency and Certain Monetary Instruments.— (1) In general.— For purposes of this section, the term “currency” includes—
+
+(A) foreign currency; and
+
+(B) to the extent provided in regulations prescribed by the Secretary, any monetary instrument (whether or not in bearer form) with a face amount of not more than $10,000.
+
+(2) Scope of application.— Paragraph (1)(B) shall not apply to any check drawn on the account of the writer in a financial institution referred to in subparagraph (A), (B), (C), (D), (E), (F), (G), (J), (K), (R), or (S) of section 5312(a)(2).
+
+(Added Pub. L. 107–56, title III, § 365(a), Oct. 26, 2001, 115 Stat. 333; amended Pub. L. 112–74, div. C, title I, § 120, Dec. 23, 2011, 125 Stat. 891.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 6050I(g) of the Internal Revenue Code of 1986, referred to in subsec. (a)(2), is classified to section 6050I of Title 26, Internal Revenue Code.
+
+Amendments2011—Subsec. (a). Pub. L. 112–74 redesignated pars. (1) and (2) as subpars. (A) and (B), respectively, of par. (1), substituted “, and” for “; and” in subpar. (A), inserted “or” at end of subpar. (B), and added par. (2).
+
+Statutory Notes and Related Subsidiaries
+
+RegulationsPub. L. 107–56, title III, § 365(e), formerly § 365(f), Oct. 26, 2001, 115 Stat. 335, renumbered § 365(e) by Pub. L. 108–458, title VI, § 6202(n)(2), Dec. 17, 2004, 118 Stat. 3746, provided that: “Regulations which the Secretary [of the Treasury] determines are necessary to implement this section [enacting this section and amending sections 5312, 5317, 5318, 5321, 5324, 5326, and former 5328 of this title] shall be published in final form before the end of the 6-month period beginning on the date of enactment of this Act [Oct. 26, 2001].”

legal/us/code/title-31/chapter-53/section-5332.md

@@ -0,0 +1,67 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5332"
+description: "Bulk cash smuggling into or out of the United States"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5332"
+citation: "31 U.S.C. § 5332"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5332"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "1acdf994f504b438eb6f46e6e783f541aa474ca2e338ae0f6e9502ba2fb815c4"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "ba6a291550545f08ca26365bbdf26e57f0642a3605b19ff3f87335707499d2c2"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5332 - Bulk cash smuggling into or out of the United States
+
+## Text
+
+(a) Criminal Offense.— (1) In general.— Whoever, with the intent to evade a currency reporting requirement under section 5316, knowingly conceals more than $10,000 in currency or other monetary instruments on the person of such individual or in any conveyance, article of luggage, merchandise, or other container, and transports or transfers or attempts to transport or transfer such currency or monetary instruments from a place within the United States to a place outside of the United States, or from a place outside the United States to a place within the United States, shall be guilty of a currency smuggling offense and subject to punishment pursuant to subsection (b).
+
+(2) Concealment on person.— For purposes of this section, the concealment of currency on the person of any individual includes concealment in any article of clothing worn by the individual or in any luggage, backpack, or other container worn or carried by such individual.
+
+(b) Penalty.— (1) Term of imprisonment.— A person convicted of a currency smuggling offense under subsection (a), or a conspiracy to commit such offense, shall be imprisoned for not more than 5 years.
+
+(2) Forfeiture.— In addition, the court, in imposing sentence under paragraph (1), shall order that the defendant forfeit to the United States, any property, real or personal, involved in the offense, and any property traceable to such property.
+
+(3) Procedure.— The seizure, restraint, and forfeiture of property under this section shall be governed by section 413 of the Controlled Substances Act.
+
+(4) Personal money judgment.— If the property subject to forfeiture under paragraph (2) is unavailable, and the defendant has insufficient substitute property that may be forfeited pursuant to section 413(p) of the Controlled Substances Act, the court shall enter a personal money judgment against the defendant for the amount that would be subject to forfeiture.
+
+(c) Civil Forfeiture.— (1) In general.— Any property involved in a violation of subsection (a), or a conspiracy to commit such violation, and any property traceable to such violation or conspiracy, may be seized and forfeited to the United States.
+
+(2) Procedure.— The seizure and forfeiture shall be governed by the procedures governing civil forfeitures in money laundering cases pursuant to section 981(a)(1)(A) of title 18, United States Code.
+
+(3) Treatment of certain property as involved in the offense.— For purposes of this subsection and subsection (b), any currency or other monetary instrument that is concealed or intended to be concealed in violation of subsection (a) or a conspiracy to commit such violation, any article, container, or conveyance used, or intended to be used, to conceal or transport the currency or other monetary instrument, and any other property used, or intended to be used, to facilitate the offense, shall be considered property involved in the offense.
+
+(Added Pub. L. 107–56, title III, § 371(c), Oct. 26, 2001, 115 Stat. 337; amended Pub. L. 108–458, title VI, § 6203(h), Dec. 17, 2004, 118 Stat. 3747.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 413 of the Controlled Substances Act, referred to in subsec. (b)(3), (4), is classified to section 853 of Title 21, Food and Drugs.
+
+Codification Another section 371(c) of Pub. L. 107–56 amended the table of sections at the beginning of this chapter.
+
+Amendments2004—Subsec. (b)(2). Pub. L. 108–458, § 6203(h)(1), struck out “, subject to subsection (d) of this section” before period at end. Subsec. (c)(1). Pub. L. 108–458, § 6203(h)(2), struck out “, subject to subsection (d) of this section,” after “may be seized and”.
+
+Statutory Notes and Related Subsidiaries
+
+Effective Date of 2004 AmendmentAmendment by Pub. L. 108–458 effective as if included in Pub. L. 107–56, as of the date of enactment of such Act, and no amendment made by Pub. L. 107–56 that is inconsistent with such amendment to be deemed to have taken effect, see section 6205 of Pub. L. 108–458, set out as a note under section 1828 of Title 12, Banks and Banking.
+
+Bulk Cash Smuggling Into or Out of the United StatesPub. L. 107–56, title III, § 371(a), (b), Oct. 26, 2001, 115 Stat. 336, 337, provided that: “(a) Findings.—The Congress finds the following:“(1) Effective enforcement of the currency reporting requirements of subchapter II of chapter 53 of title 31, United States Code, and the regulations prescribed under such subchapter, has forced drug dealers and other criminals engaged in cash-based businesses to avoid using traditional financial institutions. “(2) In their effort to avoid using traditional financial institutions, drug dealers and other criminals are forced to move large quantities of currency in bulk form to and through the airports, border crossings, and other ports of entry where the currency can be smuggled out of the United States and placed in a foreign financial institution or sold on the black market. “(3) The transportation and smuggling of cash in bulk form may now be the most common form of money laundering, and the movement of large sums of cash is one of the most reliable warning signs of drug trafficking, terrorism, money laundering, racketeering, tax evasion and similar crimes. “(4) The intentional transportation into or out of the United States of large amounts of currency or monetary instruments, in a manner designed to circumvent the mandatory reporting provisions of subchapter II of chapter 53 of title 31, United States Code,, [sic] is the equivalent of, and creates the same harm as, the smuggling of goods. “(5) The arrest and prosecution of bulk cash smugglers are important parts of law enforcement’s effort to stop the laundering of criminal proceeds, but the couriers who attempt to smuggle the cash out of the United States are typically low-level employees of large criminal organizations, and thus are easily replaced. Accordingly, only the confiscation of the smuggled bulk cash can effectively break the cycle of criminal activity of which the laundering of the bulk cash is a critical part. “(6) The current penalties for violations of the currency reporting requirements are insufficient to provide a deterrent to the laundering of criminal proceeds. In particular, in cases where the only criminal violation under current law is a reporting offense, the law does not adequately provide for the confiscation of smuggled currency. In contrast, if the smuggling of bulk cash were itself an offense, the cash could be confiscated as the corpus delicti of the smuggling offense. “(b) Purposes.—The purposes of this section [enacting this section] are—“(1) to make the act of smuggling bulk cash itself a criminal offense; “(2) to authorize forfeiture of any cash or instruments of the smuggling offense; and “(3) to emphasize the seriousness of the act of bulk cash smuggling.”

legal/us/code/title-31/chapter-53/section-5333.md

@@ -0,0 +1,61 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5333"
+description: "Safe harbor with respect to keep open directives"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5333"
+citation: "31 U.S.C. § 5333"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5333"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "d9d58367f3a25799caa93126ccd9a1d3f28c3183c242bf48f920080db6e318e1"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "4758cf42ea5f43f353f6dd5a0ef92ccbe117d39776b88d0464f13721caf16607"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5333 - Safe harbor with respect to keep open directives
+
+## Text
+
+(a) In General.— With respect to a customer account or customer transaction of a financial institution, if a Federal law enforcement agency, after notifying FinCEN of the intent to submit a written request to the financial institution that the financial institution keep that account or transaction open (referred to in this section as a “keep open request”), or if a State, Tribal, or local law enforcement agency with the concurrence of FinCEN submits a keep open request—
+
+(1) the financial institution shall not be liable under this subchapter for maintaining that account or transaction consistent with the parameters and timing of the request; and
+
+(2) no Federal or State department or agency may take any adverse supervisory action under this subchapter with respect to the financial institution solely for maintaining that account or transaction consistent with the parameters of the request.
+
+(b) Rule of Construction.— Nothing in this section may be construed—
+
+(1) to prevent a Federal or State department or agency from verifying the validity of a keep open request submitted under subsection (a) with the law enforcement agency submitting that request;
+
+(2) to relieve a financial institution from complying with any reporting requirements or any other provisions of this subchapter, including the reporting of suspicious transactions under section 5318(g); or
+
+(3) to extend the safe harbor described in subsection (a) to any actions taken by the financial institution—
+
+(A) before the date of the keep open request to maintain a customer account; or
+
+(B) after the termination date stated in the keep open request.
+
+(c) Letter Termination Date.— For the purposes of this section, any keep open request submitted under subsection (a) shall include a termination date after which that request shall no longer apply.
+
+(d) Record Keeping.— Any Federal, State, Tribal, or local law enforcement agency that submits to a financial institution a keep open request shall, not later than 2 business days after the date on which the request is submitted to the financial institution—
+
+(1) submit to FinCEN a copy of the request; and
+
+(2) alert FinCEN as to whether the financial institution has implemented the request.
+
+(e) Guidance.— The Secretary of the Treasury, in consultation with the Attorney General and Federal, State, Tribal, and local law enforcement agencies, shall issue guidance on the required elements of a keep open request.
+
+(Added Pub. L. 116–283, div. F, title LXIII, § 6306(a)(1), Jan. 1, 2021, 134 Stat. 4588.)

legal/us/code/title-31/chapter-53/section-5334.md

@@ -0,0 +1,51 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5334"
+description: "Training regarding anti-money laundering and countering the financing of terrorism"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5334"
+citation: "31 U.S.C. § 5334"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5334"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "e79f2144186a40af923e99f43b96fa638ac41ad7de35ff99bd6b8d69b38c0bb2"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "f9a04039b9543b5becbf39bae57aed1ac19cd003804e825b5db053227d821ce6"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5334 - Training regarding anti-money laundering and countering the financing of terrorism
+
+## Text
+
+(a) Training Requirement.— Each Federal examiner reviewing compliance with the Bank Secrecy Act, as defined in section 6003 of the Anti-Money Laundering Act of 2020, shall attend appropriate annual training, as determined by the Secretary of the Treasury, relating to anti-money laundering activities and countering the financing of terrorism, including with respect to—
+
+(1) potential risk profiles and warning signs that an examiner may encounter during examinations;
+
+(2) financial crime patterns and trends;
+
+(3) the high-level context for why anti-money laundering and countering the financing of terrorism programs are necessary for law enforcement agencies and other national security agencies and what risks those programs seek to mitigate; and
+
+(4) de-risking and the effect of de-risking on the provision of financial services.
+
+(b) Training Materials and Standards.— The Secretary of the Treasury shall, in consultation with the Financial Institutions Examination Council, the Financial Crimes Enforcement Network, and Federal, State, Tribal, and local law enforcement agencies, establish appropriate training materials and standards for use in the training required under subsection (a).
+
+(Added Pub. L. 116–283, div. F, title LXIII, § 6307(a), Jan. 1, 2021, 134 Stat. 4590.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSection 6003 of the Anti-Money Laundering Act of 2020, referred to in subsec. (a), is section 6003 of div. F of Pub. L. 116–283, which is set out as a note under section 5311 of this title. Such section 6003 defines terms, including the Bank Secrecy Act, as used in div. F of Pub. L. 116–283.

legal/us/code/title-31/chapter-53/section-5335.md

@@ -0,0 +1,63 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5335"
+description: "Prohibition on concealment of the source of assets in monetary transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5335"
+citation: "31 U.S.C. § 5335"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5335"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "87b302a2fca60d8de4a9dd31081dd6c696fdc0999c72fe3eec59a33ad196307a"
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+text_hash: "521d33b49f58e3bdca7b44cadca3fc84d42fb5fd0528234d6ce9f0129e6c39da"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5335 - Prohibition on concealment of the source of assets in monetary transactions
+
+## Text
+
+(a) Definition of Monetary Transaction.— In this section, the term the term “monetary transaction”—
+
+(1) means the deposit, withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce, of funds or a monetary instrument (as defined in section 1956(c)(5) of title 18) by, through, or to a financial institution (as defined in section 1956(c)(6) of title 18);
+
+(2) includes any transaction that would be a financial transaction under section 1956(c)(4)(B) of title 18; and
+
+(3) does not include any transaction necessary to preserve the right to representation of a person as guaranteed by the Sixth Amendment to the Constitution of the United States.
+
+(b) Prohibition.— No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the ownership or control of assets involved in a monetary transaction if—
+
+(1) the person or entity who owns or controls the assets is a senior foreign political figure, or any immediate family member or close associate of a senior foreign political figure, as set forth in this title or the regulations promulgated under this title; and
+
+(2) the aggregate value of the assets involved in 1 or more monetary transactions is not less than $1,000,000.
+
+(c) Source of Funds.— No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the source of funds in a monetary transaction that—
+
+(1) involves an entity found to be a primary money laundering concern under section 5318A or the regulations promulgated under this title; and
+
+(2) violates the prohibitions or conditions prescribed under section 5318A(b)(5) or the regulations promulgated under this title.
+
+(d) Penalties.— A person convicted of an offense under subsection (b) or (c), or a conspiracy to commit an offense under subsection (b) or (c), shall be imprisoned for not more than 10 years, fined not more than $1,000,000, or both.
+
+(e) Forfeiture.— (1) Criminal forfeiture.— (A) In general.— The court, in imposing a sentence under subsection (d), shall order that the defendant forfeit to the United States any property involved in the offense and any property traceable thereto.
+
+(B) Procedure.— The seizure, restraint, and forfeiture of property under this paragraph shall be governed by section 413 of the Controlled Substances Act (21 U.S.C. 853).
+
+(2) Civil forfeiture.— (A) In general.— Any property involved in a violation of subsection (b) or (c), or a conspiracy to commit a violation of subsection (b) or (c), and any property traceable thereto may be seized and forfeited to the United States.
+
+(B) Procedure.— Seizures and forfeitures under this paragraph shall be governed by the provisions of chapter 46 of title 18 relating to civil forfeitures, except that such duties, under the customs laws described in section 981(d) of title 18, given to the Secretary of the Treasury shall be performed by such officers, agents, and other persons as may be designated for that purpose by the Secretary of Homeland Security or the Attorney General.
+
+(Added Pub. L. 116–283, div. F, title LXIII, § 6313(a), Jan. 1, 2021, 134 Stat. 4596.)

legal/us/code/title-31/chapter-53/section-5336.md

@@ -0,0 +1,577 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5336"
+description: "Beneficial ownership information reporting requirements"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5336"
+citation: "31 U.S.C. § 5336"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5336"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "ae98d8d37209f1a109201682b324f1d4ed33a34fc8d71b2e7a5327e123b9845e"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "6985f807799b43dc515408b563c0ed91bf535fcdcf7027bf50bebf4f91c2e73e"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5336 - Beneficial ownership information reporting requirements
+
+## Text
+
+(a) Definitions.— In this section:
+
+(1) Acceptable identification document.— The term “acceptable identification document” means, with respect to an individual—
+
+(A) a nonexpired passport issued by the United States;
+
+(B) a nonexpired identification document issued by a State, local government, or Indian Tribe to the individual acting for the purpose of identification of that individual;
+
+(C) a nonexpired driver’s license issued by a State; or
+
+(D) if the individual does not have a document described in subparagraph (A), (B), or (C), a nonexpired passport issued by a foreign government.
+
+(2) Applicant.— The term “applicant” means any individual who—
+
+(A) files an application to form a corporation, limited liability company, or other similar entity under the laws of a State or Indian Tribe; or
+
+(B) registers or files an application to register a corporation, limited liability company, or other similar entity formed under the laws of a foreign country to do business in the United States by filing a document with the secretary of state or similar office under the laws of a State or Indian Tribe.
+
+(3) Beneficial owner.— The term “beneficial owner”—
+
+(A) means, with respect to an entity, an individual who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise—
+
+(i) exercises substantial control over the entity; or
+
+(ii) owns or controls not less than 25 percent of the ownership interests of the entity; and
+
+(B) does not include—
+
+(i) a minor child, as defined in the State in which the entity is formed, if the information of the parent or guardian of the minor child is reported in accordance with this section;
+
+(ii) an individual acting as a nominee, intermediary, custodian, or agent on behalf of another individual;
+
+(iii) an individual acting solely as an employee of a corporation, limited liability company, or other similar entity and whose control over or economic benefits from such entity is derived solely from the employment status of the person;
+
+(iv) an individual whose only interest in a corporation, limited liability company, or other similar entity is through a right of inheritance; or
+
+(v) a creditor of a corporation, limited liability company, or other similar entity, unless the creditor meets the requirements of subparagraph (A).
+
+(4) Director.— The term “Director” means the Director of FinCEN.
+
+(5) FinCEN.— The term “FinCEN” means the Financial Crimes Enforcement Network of the Department of the Treasury.
+
+(6) FinCEN identifier.— The term “FinCEN identifier” means the unique identifying number assigned by FinCEN to a person under this section.
+
+(7) Foreign person.— The term “foreign person” means a person who is not a United States person, as defined in section 7701(a) of the Internal Revenue Code of 1986.
+
+(8) Indian tribe.— The term “Indian Tribe” has the meaning given the term “Indian tribe” in section 102 of the Federally Recognized Indian Tribe List Act of 1994 (25 U.S.C. 5130).
+
+(9) Lawfully admitted for permanent residence.— The term “lawfully admitted for permanent residence” has the meaning given the term in section 101(a) of the Immigration and Nationality Act (8 U.S.C. 1101(a)).
+
+(10) Pooled investment vehicle.— The term “pooled investment vehicle” means—
+
+(A) any investment company, as defined in section 3(a) of the Investment Company Act of 1940 (15 U.S.C. 80a–3(a)); or
+
+(B) any company that—
+
+(i) would be an investment company under that section but for the exclusion provided from that definition by paragraph (1) or (7) of section 3(c) of that Act (15 U.S.C. 80a–3(c)); and
+
+(ii) is identified by its legal name by the applicable investment adviser in its Form ADV (or successor form) filed with the Securities and Exchange Commission.
+
+(11) Reporting company.— The term “reporting company”—
+
+(A) means a corporation, limited liability company, or other similar entity that is—
+
+(i) created by the filing of a document with a secretary of state or a similar office under the law of a State or Indian Tribe; or
+
+(ii) formed under the law of a foreign country and registered to do business in the United States by the filing of a document with a secretary of state or a similar office under the laws of a State or Indian Tribe; and
+
+(B) does not include—
+
+(i) an issuer—
+
+(I) of a class of securities registered under section 12 of the Securities Exchange Act of 1934 (15 U.S.C. 78l); or
+
+(II) that is required to file supplementary and periodic information under section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78o(d));
+
+(ii) an entity—
+
+(I) established under the laws of the United States, an Indian Tribe, a State, or a political subdivision of a State, or under an interstate compact between 2 or more States; and
+
+(II) that exercises governmental authority on behalf of the United States or any such Indian Tribe, State, or political subdivision;
+
+(iii) a bank, as defined in—
+
+(I) section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813);
+
+(II) section 2(a) of the Investment Company Act of 1940 (15 U.S.C. 80a–2(a)); or
+
+(III) section 202(a) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2(a));
+
+(iv) a Federal credit union or a State credit union (as those terms are defined in section 101 of the Federal Credit Union Act (12 U.S.C. 1752));
+
+(v) a bank holding company (as defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841)) or a savings and loan holding company (as defined in section 10(a) of the Home Owners’ Loan Act (12 U.S.C. 1467a(a)));
+
+(vi) a money transmitting business registered with the Secretary of the Treasury under section 5330;
+
+(vii) a broker or dealer (as those terms are defined in section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c)) that is registered under section 15 of that Act (15 U.S.C. 78o);
+
+(viii) an exchange or clearing agency (as those terms are defined in section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c)) that is registered under section 6 or 17A of that Act (15 U.S.C. 78f, 78q–1);
+
+(ix) any other entity not described in clause (i), (vii), or (viii) that is registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.);
+
+(x) an entity that—
+
+(I) is an investment company (as defined in section 3 of the Investment Company Act of 1940 (15 U.S.C. 80a–3)) or an investment adviser (as defined in section 202 of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2)); and
+
+(II) is registered with the Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.) or the Investment Advisers Act of 1940 (15 U.S.C. 80b–1 et seq.);
+
+(xi) an investment adviser—
+
+(I) described in section 203(l) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–3(l)); and
+
+(II) that has filed Item 10, Schedule A, and Schedule B of Part 1A of Form ADV, or any successor thereto, with the Securities and Exchange Commission;
+
+(xii) an insurance company (as defined in section 2 of the Investment Company Act of 1940 (15 U.S.C. 80a–2));
+
+(xiii) an entity that—
+
+(I) is an insurance producer that is authorized by a State and subject to supervision by the insurance commissioner or a similar official or agency of a State; and
+
+(II) has an operating presence at a physical office within the United States;
+
+(xiv) (I) a registered entity (as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a)); or
+
+(II) an entity that is—
+
+(aa) (AA) a futures commission merchant, introducing broker, swap dealer, major swap participant, commodity pool operator, or commodity trading advisor (as those terms are defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a)); or
+
+(BB) a retail foreign exchange dealer, as described in section 2(c)(2)(B) of that Act (7 U.S.C. 2(c)(2)(B)); and
+
+(bb) registered with the Commodity Futures Trading Commission under the Commodity Exchange Act (7 U.S.C. 1 et seq.);
+
+(xv) a public accounting firm registered in accordance with section 102 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7212);
+
+(xvi) a public utility that provides telecommunications services, electrical power, natural gas, or water and sewer services within the United States;
+
+(xvii) a financial market utility designated by the Financial Stability Oversight Council under section 804 of the Payment, Clearing, and Settlement Supervision Act of 2010 (12 U.S.C. 5463);
+
+(xviii) any pooled investment vehicle that is operated or advised by a person described in clause (iii), (iv), (vii), (x), or (xi);
+
+(xix) any—
+
+(I) organization that is described in section 501(c) of the Internal Revenue Code of 1986 (determined without regard to section 508(a) of such Code) and exempt from tax under section 501(a) of such Code, except that in the case of any such organization that loses an exemption from tax, such organization shall be considered to be continued to be described in this subclause for the 180-day period beginning on the date of the loss of such tax-exempt status;
+
+(II) political organization (as defined in section 527(e)(1) of such Code) that is exempt from tax under section 527(a) of such Code; or
+
+(III) trust described in paragraph (1) or (2) of section 4947(a) of such Code;
+
+(xx) any corporation, limited liability company, or other similar entity that—
+
+(I) operates exclusively to provide financial assistance to, or hold governance rights over, any entity described in clause (xix);
+
+(II) is a United States person;
+
+(III) is beneficially owned or controlled exclusively by 1 or more United States persons that are United States citizens or lawfully admitted for permanent residence; and
+
+(IV) derives at least a majority of its funding or revenue from 1 or more United States persons that are United States citizens or lawfully admitted for permanent residence;
+
+(xxi) any entity that—
+
+(I) employs more than 20 employees on a full-time basis in the United States;
+
+(II) filed in the previous year Federal income tax returns in the United States demonstrating more than $5,000,000 in gross receipts or sales in the aggregate, including the receipts or sales of—
+
+(aa) other entities owned by the entity; and
+
+(bb) other entities through which the entity operates; and
+
+(III) has an operating presence at a physical office within the United States;
+
+(xxii) any corporation, limited liability company, or other similar entity of which the ownership interests are owned or controlled, directly or indirectly, by 1 or more entities described in clause (i), (ii), (iii), (iv), (v), (vii), (viii), (ix), (x), (xi), (xii), (xiii), (xiv), (xv), (xvi), (xvii) 11 So in original. Probably should be followed by a comma. (xix), or (xxi);
+
+(xxiii) any corporation, limited liability company, or other similar entity—
+
+(I) in existence for over 1 year;
+
+(II) that is not engaged in active business;
+
+(III) that is not owned, directly or indirectly, by a foreign person;
+
+(IV) that has not, in the preceding 12-month period, experienced a change in ownership or sent or received funds in an amount greater than $1,000 (including all funds sent to or received from any source through a financial account or accounts in which the entity, or an affiliate of the entity, maintains an interest); and
+
+(V) that does not otherwise hold any kind or type of assets, including an ownership interest in any corporation, limited liability company, or other similar entity;
+
+(xxiv) any entity or class of entities that the Secretary of the Treasury, with the written concurrence of the Attorney General and the Secretary of Homeland Security, has, by regulation, determined should be exempt from the requirements of subsection (b) because requiring beneficial ownership information from the entity or class of entities—
+
+(I) would not serve the public interest; and
+
+(II) would not be highly useful in national security, intelligence, and law enforcement agency efforts to detect, prevent, or prosecute money laundering, the financing of terrorism, proliferation finance, serious tax fraud, or other crimes.
+
+(12) State.— The term “State” means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other commonwealth, territory, or possession of the United States.
+
+(13) Unique identifying number.— The term “unique identifying number” means, with respect to an individual or an entity with a sole member, the unique identifying number from an acceptable identification document.
+
+(14) United states person.— The term “United States person” has the meaning given the term in section 7701(a) of the Internal Revenue Code of 1986.
+
+(b) Beneficial Ownership Information Reporting.— (1) Reporting.— (A) In general.— In accordance with regulations prescribed by the Secretary of the Treasury, each reporting company shall submit to FinCEN a report that contains the information described in paragraph (2).
+
+(B) Reporting of existing entities.— In accordance with regulations prescribed by the Secretary of the Treasury, any reporting company that has been formed or registered before the effective date of the regulations prescribed under this subsection shall, in a timely manner, and not later than 2 years after the effective date of the regulations prescribed under this subsection, submit to FinCEN a report that contains the information described in paragraph (2).
+
+(C) Reporting at time of formation or registration.— In accordance with regulations prescribed by the Secretary of the Treasury, any reporting company that has been formed or registered after the effective date of the regulations promulgated under this subsection shall, at the time of formation or registration, submit to FinCEN a report that contains the information described in paragraph (2).
+
+(D) Updated reporting for changes in beneficial ownership.— In accordance with regulations prescribed by the Secretary of the Treasury, a reporting company shall, in a timely manner, and not later than 1 year after the date on which there is a change with respect to any information described in paragraph (2), submit to FinCEN a report that updates the information relating to the change.
+
+(E) Treasury review of updated reporting for changes in beneficial ownership.— The Secretary of the Treasury, in consultation with the Attorney General and the Secretary of Homeland Security, shall conduct a review to evaluate—
+
+(i) the necessity of a requirement for corporations, limited liability companies, or other similar entities to update the report on beneficial ownership information in paragraph (2), related to a change in ownership, within a shorter period of time than required under subparagraph (D), taking into account the updating requirements under subparagraph (D) and the information contained in the reports;
+
+(ii) the benefit to law enforcement and national security officials that might be derived from,22 So in original. and the burden that a requirement to update the list of beneficial owners within a shorter period of time after a change in the list of beneficial owners would impose on corporations, limited liability companies, or other similar entities; and
+
+(iii) not later than 2 years after the date of enactment of this section, incorporate 2 into the regulations, as appropriate, any changes necessary to implement the findings and determinations based on the review required under this subparagraph.
+
+(F) Regulation requirements.— In promulgating the regulations required under subparagraphs (A) through (D), the Secretary of the Treasury shall, to the greatest extent practicable—
+
+(i) establish partnerships with State, local, and Tribal governmental agencies;
+
+(ii) collect information described in paragraph (2) through existing Federal, State, and local processes and procedures;
+
+(iii) minimize burdens on reporting companies associated with the collection of the information described in paragraph (2), in light of the private compliance costs placed on legitimate businesses, including by identifying any steps taken to mitigate the costs relating to compliance with the collection of information; and
+
+(iv) collect information described in paragraph (2) in a form and manner that ensures the information is highly useful in—
+
+(I) facilitating important national security, intelligence, and law enforcement activities; and
+
+(II) confirming beneficial ownership information provided to financial institutions to facilitate the compliance of the financial institutions with anti-money laundering, countering the financing of terrorism, and customer due diligence requirements under applicable law.
+
+(G) Regulatory simplification.— To simplify compliance with this section for reporting companies and financial institutions, the Secretary of the Treasury shall ensure that the regulations prescribed by the Secretary under this subsection are added to part 1010 of title 31, Code of Federal Regulations, or any successor thereto.
+
+(2) Required information.— (A) In general.— In accordance with regulations prescribed by the Secretary of the Treasury, a report delivered under paragraph (1) shall, except as provided in subparagraph (B), identify each beneficial owner of the applicable reporting company and each applicant with respect to that reporting company by—
+
+(i) full legal name;
+
+(ii) date of birth;
+
+(iii) current, as of the date on which the report is delivered, residential or business street address; and
+
+(iv) (I) unique identifying number from an acceptable identification document; or
+
+(II) FinCEN identifier in accordance with requirements in paragraph (3).
+
+(B) Reporting requirement for exempt entities having an ownership interest.— If an exempt entity described in subsection (a)(11)(B) has or will have a direct or indirect ownership interest in a reporting company, the reporting company or the applicant—
+
+(i) shall, with respect to the exempt entity, only list the name of the exempt entity; and
+
+(ii) shall not be required to report the information with respect to the exempt entity otherwise required under subparagraph (A).
+
+(C) Reporting requirement for certain pooled investment vehicles.— Any corporation, limited liability company, or other similar entity that is an exempt entity described in subsection (a)(11)(B)(xviii) and is formed under the laws of a foreign country shall file with FinCEN a written certification that provides identification information of an individual that exercises substantial control over the pooled investment vehicle in the same manner as required under this subsection.
+
+(D) Reporting requirement for exempt subsidiaries.— In accordance with the regulations promulgated by the Secretary, any corporation, limited liability company, or other similar entity that is an exempt entity described in subsection (a)(11)(B)(xxii), shall, at the time such entity no longer meets the criteria described in subsection (a)(11)(B)(xxii), submit to FinCEN a report containing the information required under subparagraph (A).
+
+(E) Reporting requirement for exempt grandfathered entities.— In accordance with the regulations promulgated by the Secretary, any corporation, limited liability company, or other similar entity that is an exempt entity described in subsection (a)(11)(B)(xxiii), shall, at the time such entity no longer meets the criteria described in subsection (a)(11)(B)(xxiii), submit to FinCEN a report containing the information required under subparagraph (A).
+
+(3) FinCEN identifier.— (A) Issuance of fincen identifier.— (i) In general.— Upon request by an individual who has provided FinCEN with the information described in paragraph (2)(A) pertaining to the individual, or by an entity that has reported its beneficial ownership information to FinCEN in accordance with this section, FinCEN shall issue a FinCEN identifier to such individual or entity.
+
+(ii) Updating of information.— An individual or entity with a FinCEN identifier shall submit filings with FinCEN pursuant to paragraph (1) updating any information described in paragraph (2) in a timely manner consistent with paragraph (1)(D).
+
+(iii) Exclusive identifier.— FinCEN shall not issue more than 1 FinCEN identifier to the same individual or to the same entity (including any successor entity).
+
+(B) Use of fincen identifier for individuals.— Any person required to report the information described in paragraph (2) with respect to an individual may instead report the FinCEN identifier of the individual.
+
+(C) Use of fincen identifier for entities.— If an individual is or may be a beneficial owner of a reporting company by an interest held by the individual in an entity that, directly or indirectly, holds an interest in the reporting company, the reporting company may report the FinCEN identifier of the entity in lieu of providing the information required by paragraph (2)(A) with respect to the individual.
+
+(4) Regulations.— The Secretary of the Treasury shall—
+
+(A) by regulation prescribe procedures and standards governing any report under paragraph (2) and any FinCEN identifier under paragraph (3); and
+
+(B) in promulgating the regulations under subparagraph (A) to the extent practicable, consistent with the purposes of this section—
+
+(i) minimize burdens on reporting companies associated with the collection of beneficial ownership information, including by eliminating duplicative requirements; and
+
+(ii) ensure the beneficial ownership information reported to FinCEN is accurate, complete, and highly useful.
+
+(5) Effective date.— The requirements of this subsection shall take effect on the effective date of the regulations prescribed by the Secretary of the Treasury under this subsection, which shall be promulgated not later than 1 year after the date of enactment of this section.
+
+(6) Report.— Not later than 1 year after the effective date described in paragraph (5), and annually thereafter for 2 years, the Secretary of the Treasury shall submit to Congress a report describing the procedures and standards prescribed to carry out paragraph (2), which shall include an assessment of—
+
+(A) the effectiveness of those procedures and standards in minimizing reporting burdens (including through the elimination of duplicative requirements) and strengthening the accuracy of reports submitted under paragraph (2); and
+
+(B) any alternative procedures and standards prescribed to carry out paragraph (2).
+
+(c) Retention and Disclosure of Beneficial Ownership Information by FinCEN.— (1) Retention of information.— Beneficial ownership information required under subsection (b) relating to each reporting company shall be maintained by FinCEN for not fewer than 5 years after the date on which the reporting company terminates.
+
+(2) Disclosure.— (A) Prohibition.— Except as authorized by this subsection and the protocols promulgated under this subsection, beneficial ownership information reported under this section shall be confidential and may not be disclosed by—
+
+(i) an officer or employee of the United States;
+
+(ii) an officer or employee of any State, local, or Tribal agency; or
+
+(iii) an officer or employee of any financial institution or regulatory agency receiving information under this subsection.
+
+(B) Scope of disclosure by fincen.— FinCEN may disclose beneficial ownership information reported pursuant to this section only upon receipt of—
+
+(i) a request, through appropriate protocols—
+
+(I) from a Federal agency engaged in national security, intelligence, or law enforcement activity, for use in furtherance of such activity; or
+
+(II) from a State, local, or Tribal law enforcement agency, if a court of competent jurisdiction, including any officer of such a court, has authorized the law enforcement agency to seek the information in a criminal or civil investigation;
+
+(ii) a request from a Federal agency on behalf of a law enforcement agency, prosecutor, or judge of another country, including a foreign central authority or competent authority (or like designation), under an international treaty, agreement, convention, or official request made by law enforcement, judicial, or prosecutorial authorities in trusted foreign countries when no treaty, agreement, or convention is available—
+
+(I) issued in response to a request for assistance in an investigation or prosecution by such foreign country; and
+
+(II) that—
+
+(aa) requires compliance with the disclosure and use provisions of the treaty, agreement, or convention, publicly disclosing any beneficial ownership information received; or
+
+(bb) limits the use of the information for any purpose other than the authorized investigation or national security or intelligence activity;
+
+(iii) a request made by a financial institution subject to customer due diligence requirements, with the consent of the reporting company, to facilitate the compliance of the financial institution with customer due diligence requirements under applicable law; or
+
+(iv) a request made by a Federal functional regulator or other appropriate regulatory agency consistent with the requirements of subparagraph (C).
+
+(C) Form and manner of disclosure to financial institutions and regulatory agencies.— The Secretary of the Treasury shall, by regulation, prescribe the form and manner in which information shall be provided to a financial institution under subparagraph (B)(iii), which regulation shall include that the information shall also be available to a Federal functional regulator or other appropriate regulatory agency, as determined by the Secretary, if the agency—
+
+(i) is authorized by law to assess, supervise, enforce, or otherwise determine the compliance of the financial institution with the requirements described in that subparagraph;
+
+(ii) uses the information solely for the purpose of conducting the assessment, supervision, or authorized investigation or activity described in clause (i); and
+
+(iii) enters into an agreement with the Secretary providing for appropriate protocols governing the safekeeping of the information.
+
+(3) Appropriate protocols.— The Secretary of the Treasury shall establish by regulation protocols described in paragraph (2)(A) that—
+
+(A) protect the security and confidentiality of any beneficial ownership information provided directly by the Secretary;
+
+(B) require the head of any requesting agency, on a non-delegable basis, to approve the standards and procedures utilized by the requesting agency and certify to the Secretary semi-annually that such standards and procedures are in compliance with the requirements of this paragraph;
+
+(C) require the requesting agency to establish and maintain, to the satisfaction of the Secretary, a secure system in which such beneficial ownership information provided directly by the Secretary shall be stored;
+
+(D) require the requesting agency to furnish a report to the Secretary, at such time and containing such information as the Secretary may prescribe, that describes the procedures established and utilized by such agency to ensure the confidentiality of the beneficial ownership information provided directly by the Secretary;
+
+(E) require a written certification for each authorized investigation or other activity described in paragraph (2) from the head of an agency described in paragraph (2)(B)(i)(I), or their designees, that—
+
+(i) states that applicable requirements have been met, in such form and manner as the Secretary may prescribe; and
+
+(ii) at a minimum, sets forth the specific reason or reasons why the beneficial ownership information is relevant to an authorized investigation or other activity described in paragraph (2);
+
+(F) require the requesting agency to limit, to the greatest extent practicable, the scope of information sought, consistent with the purposes for seeking beneficial ownership information;
+
+(G) restrict, to the satisfaction of the Secretary, access to beneficial ownership information to whom disclosure may be made under the provisions of this section to only users at the requesting agency—
+
+(i) who are directly engaged in the authorized investigation or activity described in paragraph (2);
+
+(ii) whose duties or responsibilities require such access;
+
+(iii) who—
+
+(I) have undergone appropriate training; or
+
+(II) use staff to access the database who have undergone appropriate training;
+
+(iv) who use appropriate identity verification mechanisms to obtain access to the information; and
+
+(v) who are authorized by agreement with the Secretary to access the information;
+
+(H) require the requesting agency to establish and maintain, to the satisfaction of the Secretary, a permanent system of standardized records with respect to an auditable trail of each request for beneficial ownership information submitted to the Secretary by the agency, including the reason for the request, the name of the individual who made the request, the date of the request, any disclosure of beneficial ownership information made by or to the agency, and any other information the Secretary of the Treasury determines is appropriate;
+
+(I) require that the requesting agency receiving beneficial ownership information from the Secretary conduct an annual audit to verify that the beneficial ownership information received from the Secretary has been accessed and used appropriately, and in a manner consistent with this paragraph and provide the results of that audit to the Secretary upon request;
+
+(J) require the Secretary to conduct an annual audit of the adherence of the agencies to the protocols established under this paragraph to ensure that agencies are requesting and using beneficial ownership information appropriately; and
+
+(K) provide such other safeguards which the Secretary determines (and which the Secretary prescribes in regulations) to be necessary or appropriate to protect the confidentiality of the beneficial ownership information.
+
+(4) Violation of protocols.— Any employee or officer of a requesting agency under paragraph (2)(B) that violates the protocols described in paragraph (3), including unauthorized disclosure or use, shall be subject to criminal and civil penalties under subsection (h)(3)(B).
+
+(5) Department of the treasury access.— (A) In general.— Beneficial ownership information shall be accessible for inspection or disclosure to officers and employees of the Department of the Treasury whose official duties require such inspection or disclosure subject to procedures and safeguards prescribed by the Secretary of the Treasury.
+
+(B) Tax administration purposes.— Officers and employees of the Department of the Treasury may obtain access to beneficial ownership information for tax administration purposes in accordance with this subsection.
+
+(6) Rejection of request.— The Secretary of the Treasury—
+
+(A) shall reject a request not submitted in the form and manner prescribed by the Secretary under paragraph (2)(C); and
+
+(B) may decline to provide information requested under this subsection upon finding that—
+
+(i) the requesting agency has failed to meet any other requirement of this subsection;
+
+(ii) the information is being requested for an unlawful purpose; or
+
+(iii) other good cause exists to deny the request.
+
+(7) Suspension.— The Secretary of the Treasury may suspend or debar a requesting agency from access for any of the grounds set forth in paragraph (6), including for repeated or serious violations of any requirement under paragraph (2).
+
+(8) Security protections.— The Secretary of the Treasury shall maintain information security protections, including encryption, for information reported to FinCEN under subsection (b) and ensure that the protections—
+
+(A) are consistent with standards and guidelines developed under subchapter II of chapter 35 of title 44; and
+
+(B) incorporate Federal information system security controls for high-impact systems, excluding national security systems, consistent with applicable law to prevent the loss of confidentiality, integrity, or availability of information that may have a severe or catastrophic adverse effect.
+
+(9) Report by the secretary.— Not later than 1 year after the effective date of the regulations prescribed under this subsection, and annually thereafter for 5 years, the Secretary of the Treasury shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report, which—
+
+(A) may include a classified annex; and
+
+(B) shall, with respect to each request submitted under paragraph (2)(B)(i)(II) during the period covered by the report, and consistent with protocols established by the Secretary that are necessary to protect law enforcement sensitive, tax-related, or classified information, include—
+
+(i) the date on which the request was submitted;
+
+(ii) the source of the request;
+
+(iii) whether the request was accepted or rejected or is pending; and
+
+(iv) a general description of the basis for rejecting the such request, if applicable.
+
+(10) Audit by the comptroller general.— Not later than 1 year after the effective date of the regulations prescribed under this subsection, and annually thereafter for 6 years, the Comptroller General of the United States shall—
+
+(A) audit the procedures and safeguards established by the Secretary of the Treasury under those regulations, including duties for verification of requesting agencies systems and adherence to the protocols established under this subsection, to determine whether such safeguards and procedures meet the requirements of this subsection and that the Department of the Treasury is using beneficial ownership information appropriately in a manner consistent with this subsection; and
+
+(B) submit to the Secretary of the Treasury, the Committee on Banking, Housing, and Urban Affairs of the Senate, and the Committee on Financial Services of the House of Representatives a report that contains the findings and determinations with respect to any audit conducted under this paragraph.
+
+(11) Department of the treasury testimony.— (A) In general.— Not later than March 31 of each year for 5 years beginning in 2022, the Director shall be made available to testify before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives, or an appropriate subcommittee thereof, regarding FinCEN issues, including, specifically, issues relating to—
+
+(i) anticipated plans, goals, and resources necessary for operations of FinCEN in implementing the requirements of the Anti-Money Laundering Act of 2020 and the amendments made by that Act;
+
+(ii) the adequacy of appropriations for FinCEN in the current and the previous fiscal year to—
+
+(I) ensure that the requirements and obligations imposed upon FinCEN by the Anti-Money Laundering Act of 2020 and the amendments made by that Act are completed as efficiently, effectively, and expeditiously as possible; and
+
+(II) provide for robust and effective implementation and enforcement of the provisions of the Anti-Money Laundering Act of 2020 and the amendments made by that Act;
+
+(iii) strengthen 2 FinCEN management efforts, as necessary and as identified by the Director, to meet the requirements of the Anti-Money Laundering Act of 2020 and the amendments made by that Act;
+
+(iv) provide 2 for the necessary public outreach to ensure the broad dissemination of information regarding any new program requirements provided for in the Anti-Money Laundering Act of 2020 and the amendments made by that Act, including—
+
+(I) educating the business community on the goals and operations of the new beneficial ownership database; and
+
+(II) disseminating to the governments of countries that are allies or partners of the United States information on best practices developed by FinCEN related to beneficial ownership information retention and use;
+
+(v) any policy recommendations that could facilitate and improve communication and coordination between the private sector, FinCEN, and the Federal, State, and local agencies and entities involved in implementing innovative approaches to meet their obligations under the Anti-Money Laundering Act of 2020 and the amendments made by that Act, the Bank Secrecy Act (as defined in section 6003 of the Anti-Money Laundering Act of 2020), and other anti-money laundering compliance laws; and
+
+(vi) any other matter that the Director determines is appropriate.
+
+(B) Testimony classification.— The testimony required under subparagraph (A)—
+
+(i) shall be submitted in unclassified form; and
+
+(ii) may include a classified portion.
+
+(d) Agency Coordination.— (1) In general.— The Secretary of the Treasury shall, to the greatest extent practicable, update the information described in subsection (b) by working collaboratively with other relevant Federal, State, and Tribal agencies.
+
+(2) Information from relevant federal, state, and tribal agencies.— Relevant Federal, State, and Tribal agencies, as determined by the Secretary of the Treasury, shall, to the extent practicable, and consistent with applicable legal protections, cooperate with and provide information requested by FinCEN for purposes of maintaining an accurate, complete, and highly useful database for beneficial ownership information.
+
+(3) Regulations.— The Secretary of the Treasury, in consultation with the heads of other relevant Federal agencies, may promulgate regulations as necessary to carry out this subsection.
+
+(e) Notification of Federal Obligations.— (1) Federal.— The Secretary of the Treasury shall take reasonable steps to provide notice to persons of their obligations to report beneficial ownership information under this section, including by causing appropriate informational materials describing such obligations to be included in 1 or more forms or other informational materials regularly distributed by the Internal Revenue Service and FinCEN.
+
+(2) States and indian tribes.— (A) In general.— As a condition of the funds made available under this section, each State and Indian Tribe shall, not later than 2 years after the effective date of the regulations promulgated under subsection (b)(4), take the following actions:
+
+(i) The secretary of a State or a similar office in each State or Indian Tribe responsible for the formation or registration of entities created by the filing of a public document with the office under the law of the State or Indian Tribe shall periodically, including at the time of any initial formation or registration of an entity, assessment of an annual fee, or renewal of any license to do business in the United States and in connection with State or Indian Tribe corporate tax assessments or renewals—
+
+(I) notify filers of their requirements as reporting companies under this section, including the requirements to file and update reports under paragraphs (1) and (2) of subsection (b); and
+
+(II) provide the filers with a copy of the reporting company form created by the Secretary of the Treasury under this subsection or an internet link to that form.
+
+(ii) The secretary of a State or a similar office in each State or Indian Tribe responsible for the formation or registration of entities created by the filing of a public document with the office under the law of the State or Indian Tribes shall update the websites, forms relating to incorporation, and physical premises of the office to notify filers of their requirements as reporting companies under this section, including providing an internet link to the reporting company form created by the Secretary of the Treasury under this section.
+
+(B) Notification from the department of the treasury.— A notification under clause (i) or (ii) of subparagraph (A) shall explicitly state that the notification is on behalf of the Department of the Treasury for the purpose of preventing money laundering, the financing of terrorism, proliferation financing, serious tax fraud, and other financial crime by requiring nonpublic registration of business entities formed or registered to do business in the United States.
+
+(f) No Bearer Share Corporations or Limited Liability Companies.— A corporation, limited liability company, or other similar entity formed under the laws of a State or Indian Tribe may not issue a certificate in bearer form evidencing either a whole or fractional interest in the entity.
+
+(g) Regulations.— In promulgating regulations carrying out this section, the Director shall reach out to members of the small business community and other appropriate parties to ensure efficiency and effectiveness of the process for the entities subject to the requirements of this section.
+
+(h) Penalties.— (1) Reporting violations.— It shall be unlawful for any person to—
+
+(A) willfully provide, or attempt to provide, false or fraudulent beneficial ownership information, including a false or fraudulent identifying photograph or document, to FinCEN in accordance with subsection (b); or
+
+(B) willfully fail to report complete or updated beneficial ownership information to FinCEN in accordance with subsection (b).
+
+(2) Unauthorized disclosure or use.— Except as authorized by this section, it shall be unlawful for any person to knowingly disclose or knowingly use the beneficial ownership information obtained by the person through—
+
+(A) a report submitted to FinCEN under subsection (b); or
+
+(B) a disclosure made by FinCEN under subsection (c).
+
+(3) Criminal and civil penalties.— (A) Reporting violations.— Any person that violates subparagraph (A) or (B) of paragraph (1)—
+
+(i) shall be liable to the United States for a civil penalty of not more than $500 for each day that the violation continues or has not been remedied; and
+
+(ii) may be fined not more than $10,000, imprisoned for not more than 2 years, or both.
+
+(B) Unauthorized disclosure or use violations.— Any person that violates paragraph (2)—
+
+(i) shall be liable to the United States for a civil penalty of not more than $500 for each day that the violation continues or has not been remedied; and
+
+(ii) (I) shall be fined not more than $250,000, or imprisoned for not more than 5 years, or both; or
+
+(II) while violating another law of the United States or as part of a pattern of any illegal activity involving more than $100,000 in a 12-month period, shall be fined not more than $500,000, imprisoned for not more than 10 years, or both.
+
+(C) Safe harbor.— (i) Safe harbor.— (I) In general.— Except as provided in subclause (II), a person shall not be subject to civil or criminal penalty under subparagraph (A) if the person—
+
+(aa) has reason to believe that any report submitted by the person in accordance with subsection (b) contains inaccurate information; and
+
+(bb) in accordance with regulations issued by the Secretary, voluntarily and promptly, and in no case later than 90 days after the date on which the person submitted the report, submits a report containing corrected information.
+
+(II) Exceptions.— A person shall not be exempt from penalty under clause (i) if, at the time the person submits the report required by subsection (b), the person—
+
+(aa) acts for the purpose of evading the reporting requirements under subsection (b); and
+
+(bb) has actual knowledge that any information contained in the report is inaccurate.
+
+(ii) Assistance.— FinCEN shall provide assistance to any person seeking to submit a corrected report in accordance with clause (i)(I).
+
+(4) User complaint process.— (A) In general.— The Inspector General of the Department of the Treasury, in coordination with the Secretary of the Treasury, shall provide public contact information to receive external comments or complaints regarding the beneficial ownership information notification and collection process or regarding the accuracy, completeness, or timeliness of such information.
+
+(B) Report.— The Inspector General of the Department of the Treasury shall submit to Congress a periodic report that—
+
+(i) summarizes external comments or complaints and related investigations conducted by the Inspector General related to the collection of beneficial ownership information; and
+
+(ii) includes recommendations, in coordination with FinCEN, to improve the form and manner of the notification, collection and updating processes of the beneficial ownership information reporting requirements to ensure the beneficial ownership information reported to FinCEN is accurate, complete, and highly useful.
+
+(5) Treasury office of inspector general investigation in the event of a cybersecurity breach.— (A) In general.— In the event of a cybersecurity breach that results in substantial unauthorized access and disclosure of sensitive beneficial ownership information, the Inspector General of the Department of the Treasury shall conduct an investigation into FinCEN cybersecurity practices that, to the extent possible, determines any vulnerabilities within FinCEN information security and confidentiality protocols and provides recommendations for fixing those deficiencies.
+
+(B) Report.— The Inspector General of the Department of the Treasury shall submit to the Secretary of the Treasury a report on each investigation conducted under subparagraph (A).
+
+(C) Actions of the secretary.— Upon receiving a report submitted under subparagraph (B), the Secretary of the Treasury shall—
+
+(i) determine whether the Director had any responsibility for the cybersecurity breach or whether policies, practices, or procedures implemented at the direction of the Director led to the cybersecurity breach; and
+
+(ii) submit to Congress a written report outlining the findings of the Secretary, including a determination by the Secretary on whether to retain or dismiss the individual serving as the Director.
+
+(6) Definition.— In this subsection, the term “willfully” means the voluntary, intentional violation of a known legal duty.
+
+(i) Continuous Review of Exempt Entities.— (1) In general.— On and after the effective date of the regulations promulgated under subsection (b)(4), if the Secretary of the Treasury makes a determination, which may be based on information contained in the report required under section 6502(c) of the Anti-Money Laundering Act of 2020 or on any other information available to the Secretary, that an entity or class of entities described in subsection (a)(11)(B) has been involved in significant abuse relating to money laundering, the financing of terrorism, proliferation finance, serious tax fraud, or any other financial crime, not later than 90 days after the date on which the Secretary makes the determination, the Secretary shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report that explains the reasons for the determination and any administrative or legislative recommendations to prevent such abuse.
+
+(2) Classified annex.— The report required by paragraph (1)—
+
+(A) shall be submitted in unclassified form; and
+
+(B) may include a classified annex.
+
+(j) Authorization of Appropriations.— There are authorized to be appropriated to FinCEN for each of the 3 fiscal years beginning on the effective date of the regulations promulgated under subsection (b)(4), such sums as may be necessary to carry out this section, including allocating funds to the States to pay reasonable costs relating to compliance with the requirements of such section.
+
+(Added and amended Pub. L. 116–283, div. F, title LXIV, § 6403(a), title LXV, § 6509(b), Jan. 1, 2021, 134 Stat. 4605, 4633.)
+
+## Notes
+
+Editorial Notes
+
+References in TextThe Internal Revenue Code of 1986, referred to in subsec. (a)(7), (11)(B)(xix), (14), is classified generally to Title 26, Internal Revenue Code. Sections 501(a), (c), 508(a), 527(a), (e)(1), 4947(a), and 7701(a) are classified to sections 501(a), (c), 508(a), 527(a), (e)(1), 4947(a), and 7701(a), respectively, of Title 26. The date of enactment of this section, referred to in subsec. (b)(1)(E)(iii), (5), is the date of enactment of Pub. L. 116–283, which was approved Jan. 1, 2021. The Anti-Money Laundering Act of 2020, referred to in subsecs. (c)(11)(A) and (i)(1), is div. F of Pub. L. 116–283, Jan. 1, 2021, 134 Stat. 4547. Section 6003 of the Act is set out as a note under section 5311 of this title. Such section 6003 defines terms, including the Bank Secrecy Act, as used in div. F of Pub. L. 116–283. Section 6502(c) of the Act is section 6502(c) of title LXV of div. F of Pub. L. 116–283, Jan. 1, 2021, 134 Stat. 4627, which is not classified to the Code. For complete classification of this Act to the Code, see Short Title of 2021 Amendment note set out under section 5301 of this title and Tables.
+
+Amendments2021—Subsec. (j). Pub. L. 116–283, § 6509(b), added subsec. (j).
+
+Statutory Notes and Related Subsidiaries
+
+Sense of CongressPub. L. 116–283, div. F, title LXIV, § 6402, Jan. 1, 2021, 134 Stat. 4604, provided that: “It is the sense of Congress that— “(1) more than 2,000,000 corporations and limited liability companies are being formed under the laws of the States each year; “(2) most or all States do not require information about the beneficial owners of the corporations, limited liability companies, or other similar entities formed under the laws of the State; “(3) malign actors seek to conceal their ownership of corporations, limited liability companies, or other similar entities in the United States to facilitate illicit activity, including money laundering, the financing of terrorism, proliferation financing, serious tax fraud, human and drug trafficking, counterfeiting, piracy, securities fraud, financial fraud, and acts of foreign corruption, harming the national security interests of the United States and allies of the United States; “(4) money launderers and others involved in commercial activity intentionally conduct transactions through corporate structures in order to evade detection, and may layer such structures, much like Russian nesting ‘Matryoshka’ dolls, across various secretive jurisdictions such that each time an investigator obtains ownership records for a domestic or foreign entity, the newly identified entity is yet another corporate entity, necessitating a repeat of the same process; “(5) Federal legislation providing for the collection of beneficial ownership information for corporations, limited liability companies, or other similar entities formed under the laws of the States is needed to—“(A) set a clear, Federal standard for incorporation practices; “(B) protect vital Unites States national security interests; “(C) protect interstate and foreign commerce; “(D) better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity; and “(E) bring the United States into compliance with international anti-money laundering and countering the financing of terrorism standards; “(6) beneficial ownership information collected under the amendments made by this title is sensitive information and will be directly available only to authorized government authorities, subject to effective safeguards and controls, to—“(A) facilitate important national security, intelligence, and law enforcement activities; and “(B) confirm beneficial ownership information provided to financial institutions to facilitate the compliance of the financial institutions with anti-money laundering, countering the financing of terrorism, and customer due diligence requirements under applicable law; “(7) consistent with applicable law, the Secretary of the Treasury shall—“(A) maintain the information described in paragraph (1) in a secure, nonpublic database, using information security methods and techniques that are appropriate to protect nonclassified information systems at the highest security level; and “(B) take all steps, including regular auditing, to ensure that government authorities accessing beneficial ownership information do so only for authorized purposes consistent with this title; and “(8) in prescribing regulations to provide for the reporting of beneficial ownership information, the Secretary shall, to the greatest extent practicable consistent with the purposes of this title—“(A) seek to minimize burdens on reporting companies associated with the collection of beneficial ownership information; “(B) provide clarity to reporting companies concerning the identification of their beneficial owners; and “(C) collect information in a form and manner that is reasonably designed to generate a database that is highly useful to national security, intelligence, and law enforcement agencies and Federal functional regulators.” [For definition of “Federal functional regulator” as used in section 6402 of Pub. L. 116–283, set out above, see section 6003 of Pub. L. 116–283, set out as a Definitions note under section 5311 of this title.]
+
+Reporting Requirements for Federal ContractorsPub. L. 116–283, div. F, title LXIV, § 6403(c), Jan. 1, 2021, 134 Stat. 4623, provided that: “(1) In general.—Not later than 2 years after the date of enactment of this Act [Jan. 1, 2021], the Administrator for Federal Procurement Policy shall revise the Federal Acquisition Regulation maintained under section 1303(a)(1) of title 41, United States Code, to require any contractor or subcontractor that is subject to the requirement to disclose beneficial ownership information under section 5336 of title 31, United States Code, as added by subsection (a) of this section, to provide the information required to be disclosed under such section to the Federal Government as part of any bid or proposal for a contract with a value threshold in excess of the simplified acquisition threshold under section 134 of title 41, United States Code. “(2) Applicability.—The revision required under paragraph (1) shall not apply to a covered contractor or subcontractor, as defined in section 847[(a)(3)] of the National Defense Authorization Act for Fiscal Year 2020 (Public Law 116–92) [10 U.S.C. 2509 note], that is subject to the beneficial ownership disclosure and review requirements under that section.”

legal/us/code/title-31/chapter-53/section-5340.md

@@ -0,0 +1,53 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5340"
+description: "Definitions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5340"
+citation: "31 U.S.C. § 5340"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5340"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "97d85b58af8d95f31713e84e4871f39891fa151f2d2efba89cf85ee8e0826146"
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+text_hash: "8aea7bd46051774155ba354418e62a3f90b766b45b0431fc664aaaf9b6fb1ece"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5340 - Definitions
+
+## Text
+
+For purposes of this subchapter, the following definitions shall apply:
+
+(1) Department of the treasury law enforcement organizations.— The term “Department of the Treasury law enforcement organizations” has the meaning given to such term in section 9705(n).
+
+(2) Money laundering and related financial crime.— The term “money laundering and related financial crime”—
+
+(A) means the movement of illicit cash or cash equivalent proceeds into, out of, or through the United States, or into, out of, or through United States financial institutions, as defined in section 5312 of title 31, United States Code; or
+
+(B) has the meaning given that term (or the term used for an equivalent offense) under State and local criminal statutes pertaining to the movement of illicit cash or cash equivalent proceeds.
+
+(3) Secretary.— The term “Secretary” means the Secretary of the Treasury.
+
+(4) Attorney general.— The term “Attorney General” means the Attorney General of the United States.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2941; amended Pub. L. 114–22, title I, § 105(c)(2)(A)(ii)(II), May 29, 2015, 129 Stat. 237; Pub. L. 119–60, div. G, title LXXII, § 7207(d)(2), Dec. 18, 2025, 139 Stat. 1693.)
+
+## Notes
+
+Editorial Notes
+
+Amendments2025—Par. (1). Pub. L. 119–60 substituted “section 9705(n)” for “section 9705(o)”. 2015—Par. (1). Pub. L. 114–22 substituted “section 9705(o)” for “section 9703(p)(1)”.

legal/us/code/title-31/chapter-53/section-5341.md

@@ -0,0 +1,105 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5341"
+description: "National money laundering and related financial crimes strategy"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5341"
+citation: "31 U.S.C. § 5341"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5341"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "01071f7abb48b5ddf1d0bae26986b2a419c2545dd773024626c48435a25429f3"
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+text_hash: "d9eaca0bf52565cdf7b5555d319e1f0f1cbaf0ad8a07af8256a127cded0554e4"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5341 - National money laundering and related financial crimes strategy
+
+## Text
+
+(a) Development and Transmittal to Congress.— (1) Development.— The President, acting through the Secretary and in consultation with the Attorney General, shall develop a national strategy for combating money laundering and related financial crimes.
+
+(2) Transmittal to congress.— By August 1 of 1999, 2000, 2001, 2002, 2003, 2005, and 2007, the President shall submit a national strategy developed in accordance with paragraph (1) to the Congress.
+
+(3) Separate presentation of classified material.— Any part of the strategy that involves information which is properly classified under criteria established by Executive Order shall be submitted to the Congress separately in classified form.
+
+(b) Development of Strategy.— The national strategy for combating money laundering and related financial crimes shall address any area the President, acting through the Secretary and in consultation with the Attorney General, considers appropriate, including the following:
+
+(1) Goals, objectives, and priorities.— Comprehensive, research-based goals, objectives, and priorities for reducing money laundering and related financial crime in the United States.
+
+(2) Prevention.— Coordination of regulatory and other efforts to prevent the exploitation of financial systems in the United States for money laundering and related financial crimes, including a requirement that the Secretary shall—
+
+(A) regularly review enforcement efforts under this subchapter and other provisions of law and, when appropriate, modify existing regulations or prescribe new regulations for purposes of preventing such criminal activity; and
+
+(B) coordinate prevention efforts and other enforcement action with the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, the Federal Trade Commission, other Federal banking agencies, the National Credit Union Administration Board, and such other Federal agencies as the Secretary, in consultation with the Attorney General, determines to be appropriate.
+
+(3) Detection and prosecution initiatives.— A description of operational initiatives to improve detection and prosecution of money laundering and related financial crimes and the seizure and forfeiture of proceeds and instrumentalities derived from such crimes.
+
+(4) Enhancement of the role of the private financial sector in prevention.— The enhancement of partnerships between the private financial sector and law enforcement agencies with regard to the prevention and detection of money laundering and related financial crimes, including providing incentives to strengthen internal controls and to adopt on an industrywide basis more effective policies.
+
+(5) Enhancement of intergovernmental cooperation.— The enhancement of—
+
+(A) cooperative efforts between the Federal Government and State and local officials, including State and local prosecutors and other law enforcement officials; and
+
+(B) cooperative efforts among the several States and between State and local officials, including State and local prosecutors and other law enforcement officials,
+
+for financial crimes control which could be utilized or should be encouraged.
+
+(6) Project and budget priorities.— A 3-year projection for program and budget priorities and achievable projects for reductions in financial crimes.
+
+(7) Assessment of funding.— A complete assessment of how the proposed budget is intended to implement the strategy and whether the funding levels contained in the proposed budget are sufficient to implement the strategy.
+
+(8) Designated areas.— A description of geographical areas designated as “high-risk money laundering and related financial crime areas” in accordance with, but not limited to, section 5342.
+
+(9) Persons consulted.— Persons or officers consulted by the Secretary pursuant to subsection (d).
+
+(10) Data regarding trends in money laundering and related financial crimes.— The need for additional information necessary for the purpose of developing and analyzing data in order to ascertain financial crime trends.
+
+(11) Improved communications systems.— A plan for enhancing the compatibility of automated information and facilitating access of the Federal Government and State and local governments to timely, accurate, and complete information.
+
+(12) Data regarding funding of terrorism.— Data concerning money laundering efforts related to the funding of acts of international terrorism, and efforts directed at the prevention, detection, and prosecution of such funding.
+
+(c) Effectiveness Report.— At the time each national strategy for combating financial crimes is transmitted by the President to the Congress (other than the first transmission of any such strategy) pursuant to subsection (a), the Secretary shall submit a report containing an evaluation of the effectiveness of policies to combat money laundering and related financial crimes.
+
+(d) Consultations.— In addition to the consultations required under this section with the Attorney General, in developing the national strategy for combating money laundering and related financial crimes, the Secretary shall consult with—
+
+(1) the Board of Governors of the Federal Reserve System and other Federal banking agencies and the National Credit Union Administration Board;
+
+(2) State and local officials, including State and local prosecutors;
+
+(3) the Securities and Exchange Commission;
+
+(4) the Commodities and Futures Trading Commission;
+
+(5) the Director of the Office of National Drug Control Policy, with respect to money laundering and related financial crimes involving the proceeds of drug trafficking;
+
+(6) the Chief of the United States Postal Inspection Service;
+
+(7) to the extent appropriate, State and local officials responsible for financial institution and financial market regulation;
+
+(8) any other State or local government authority, to the extent appropriate;
+
+(9) any other Federal Government authority or instrumentality, to the extent appropriate; and
+
+(10) representatives of the private financial services sector, to the extent appropriate.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2942; amended Pub. L. 107–56, title III, § 354, Oct. 26, 2001, 115 Stat. 323; Pub. L. 108–458, title VI, § 6102(a), Dec. 17, 2004, 118 Stat. 3744.)
+
+## Notes
+
+Editorial Notes
+
+Amendments2004—Subsec. (a)(2). Pub. L. 108–458 substituted “August 1” for “February 1” and “2003, 2005, and 2007,” for “and 2003,”. 2001—Subsec. (b)(12). Pub. L. 107–56 added par. (12).

legal/us/code/title-31/chapter-53/section-5342.md

@@ -0,0 +1,101 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5342"
+description: "High-risk money laundering and related financial crime areas"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5342"
+citation: "31 U.S.C. § 5342"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5342"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "321441a775e93980633101ac8495289c200b423145f8d91bb7db3b1566ac860b"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5342 - High-risk money laundering and related financial crime areas
+
+## Text
+
+(a) Findings and Purpose.— (1) Findings.— The Congress finds the following:
+
+(A) Money laundering and related financial crimes frequently appear to be concentrated in particular geographic areas, financial systems, industry sectors, or financial institutions.
+
+(B) While the Secretary has the responsibility to act with regard to Federal offenses which are being committed in a particular locality or are directed at a single institution, because modern financial systems and institutions are interconnected to a degree which was not possible until recently, money laundering and other related financial crimes are likely to have local, State, national, and international effects wherever they are committed.
+
+(2) Purpose and objective.— It is the purpose of this section to provide a mechanism for designating any area where money laundering or a related financial crime appears to be occurring at a higher than average rate such that—
+
+(A) a comprehensive approach to the problem of such crime in such area can be developed, in cooperation with State and local law enforcement agencies, which utilizes the authority of the Secretary to prevent such activity; or
+
+(B) such area can be targeted for law enforcement action.
+
+(b) Element of National Strategy.— The designation of certain areas as areas in which money laundering and related financial crimes are extensive or present a substantial risk shall be an element of the national strategy developed pursuant to section 5341(b).
+
+(c) Designation of Areas.— (1) Designation by secretary.— The Secretary, after taking into consideration the factors specified in subsection (d), shall designate any geographical area, industry, sector, or institution in the United States in which money laundering and related financial crimes are extensive or present a substantial risk as a “high-risk money laundering and related financial crimes area”.
+
+(2) Case-by-case determination in consultation with the attorney general.— In addition to the factors specified in subsection (d), any designation of any area under paragraph (1) shall be made on the basis of a determination by the Secretary, in consultation with the Attorney General, that the particular area, industry, sector, or institution is being victimized by, or is particularly vulnerable to, money laundering and related financial crimes.
+
+(3) Specific initiatives.— Any head of a department, bureau, or law enforcement agency, including any State or local prosecutor, involved in the detection, prevention, and suppression of money laundering and related financial crimes and any State or local official or prosecutor may submit—
+
+(A) a written request for the designation of any area as a high-risk money laundering and related financial crimes area; or
+
+(B) a written request for funding under section 5351 for a specific prevention or enforcement initiative, or to determine the extent of financial criminal activity, in an area.
+
+(d) Factors.— In considering the designation of any area as a high-risk money laundering and related financial crimes area, the Secretary shall, to the extent appropriate and in consultation with the Attorney General, take into account the following factors:
+
+(1) The population of the area.
+
+(2) The number of bank and nonbank financial institution transactions which originate in such area or involve institutions located in such area.
+
+(3) The number of stock or commodities transactions which originate in such area or involve institutions located in such area.
+
+(4) Whether the area is a key transportation hub with any international ports or airports or an extensive highway system.
+
+(5) Whether the area is an international center for banking or commerce.
+
+(6) The extent to which financial crimes and financial crime-related activities in such area are having a harmful impact in other areas of the country.
+
+(7) The number or nature of requests for information or analytical assistance which—
+
+(A) are made to the analytical component of the Department of the Treasury; and
+
+(B) originate from law enforcement or regulatory authorities located in such area or involve institutions or businesses located in such area or residents of such area.
+
+(8) The volume or nature of suspicious activity reports originating in the area.
+
+(9) The volume or nature of currency transaction reports or reports of cross-border movements of currency or monetary instruments originating in, or transported through, the area.
+
+(10) Whether, and how often, the area has been the subject of a geographical targeting order.
+
+(11) Observed changes in trends and patterns of money laundering activity.
+
+(12) Unusual patterns, anomalies, growth, or other changes in the volume or nature of core economic statistics or indicators.
+
+(13) Statistics or indicators of unusual or unexplained volumes of cash transactions.
+
+(14) Unusual patterns, anomalies, or changes in the volume or nature of transactions conducted through financial institutions operating within or outside the United States.
+
+(15) The extent to which State and local governments and State and local law enforcement agencies have committed resources to respond to the financial crime problem in the area and the degree to which the commitment of such resources reflects a determination by such government and agencies to address the problem aggressively.
+
+(16) The extent to which a significant increase in the allocation of Federal resources to combat financial crimes in such area is necessary to provide an adequate State and local response to financial crimes and financial crime-related activities in such area.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2944.)
+
+## Notes
+
+Statutory Notes and Related Subsidiaries
+
+Report and RecommendationsPub. L. 105–310, § 2(c), Oct. 30, 1998, 112 Stat. 2949, provided that: “Before the end of the 5-year period beginning on the date the first national strategy for combating money laundering and related financial crimes is submitted to the Congress pursuant to section 5341(a)(1) of title 31, United States Code (as added by section 2(a) of this Act), the Secretary of the Treasury, in consultation with the Attorney General, shall submit a report to the Committee on Banking and Financial Services [now Committee on Financial Services] and the Committee on the Judiciary of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs and the Committee on the Judiciary of the Senate on the effectiveness of and the need for the designation of areas, under section 5342 of title 31, United States Code (as added by such section 2(a)), as high-risk money laundering and related financial crime areas, together with recommendations for such legislation as the Secretary and the Attorney General may determine to be appropriate to carry out the purposes of such section.”

legal/us/code/title-31/chapter-53/section-5351.md

@@ -0,0 +1,47 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5351"
+description: "Establishment of financial crime-free communities support program"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5351"
+citation: "31 U.S.C. § 5351"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5351"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "4bcde0690cfcbef7b70065a37e152591a6b681c7b42e635ffa813fec3d89e910"
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+text_hash: "e1f3a109107d16e0065853708caf882385952998badf54a2903263e49e3ee4ab"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5351 - Establishment of financial crime-free communities support program
+
+## Text
+
+(a) Establishment.— The Secretary of the Treasury, in consultation with the Attorney General, shall establish a program to support local law enforcement efforts in the development and implementation of a program for the detection, prevention, and suppression of money laundering and related financial crimes.
+
+(b) Program.— In carrying out the program, the Secretary of the Treasury, in consultation with the Attorney General, shall—
+
+(1) make and track grants to grant recipients;
+
+(2) provide for technical assistance and training, data collection, and dissemination of information on state-of-the-art practices that the Secretary determines to be effective in detecting, preventing, and suppressing money laundering and related financial crimes; and
+
+(3) provide for the general administration of the program.
+
+(c) Administration.— The Secretary shall appoint an administrator to carry out the program.
+
+(d) Contracting.— The Secretary may employ any necessary staff and may enter into contracts or agreements with Federal and State law enforcement agencies to delegate authority for the execution of grants and for such other activities necessary to carry out this chapter.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2946.)

legal/us/code/title-31/chapter-53/section-5352.md

@@ -0,0 +1,75 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5352"
+description: "Program authorization"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5352"
+citation: "31 U.S.C. § 5352"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5352"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "fbdf988471f6d8d9104e256f35c2b03e2d75b21fd7da29e08d09ae6e87b23dd4"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5352 - Program authorization
+
+## Text
+
+(a) Grant Eligibility.— To be eligible to receive an initial grant or a renewal grant under this part, a State or local law enforcement agency or prosecutor shall meet each of the following criteria:
+
+(1) Application.— The State or local law enforcement agency or prosecutor shall submit an application to the Secretary in accordance with section 5353(a)(2).
+
+(2) Accountability.— The State or local law enforcement agency or prosecutor shall—
+
+(A) establish a system to measure and report outcomes—
+
+(i) consistent with common indicators and evaluation protocols established by the Secretary, in consultation with the Attorney General; and
+
+(ii) approved by the Secretary;
+
+(B) conduct biennial surveys (or incorporate local surveys in existence at the time of the evaluation) to measure the progress and effectiveness of the coalition; and
+
+(C) provide assurances that the entity conducting an evaluation under this paragraph, or from which the applicant receives information, has experience in gathering data related to money laundering and related financial crimes.
+
+(b) Grant Amounts.— (1) Grants.— (A) In general.— Subject to subparagraph (D), for a fiscal year, the Secretary of the Treasury, in consultation with the Attorney General, may grant to an eligible applicant under this section for that fiscal year, an amount determined by the Secretary of the Treasury, in consultation with the Attorney General, to be appropriate.
+
+(B) Suspension of grants.— If such grant recipient fails to continue to meet the criteria specified in subsection (a), the Secretary may suspend the grant, after providing written notice to the grant recipient and an opportunity to appeal.
+
+(C) Renewal grants.— Subject to subparagraph (D), the Secretary may award a renewal grant to a grant recipient under this subparagraph for each fiscal year following the fiscal year for which an initial grant is awarded.
+
+(D) Limitation.— The amount of a grant award under this paragraph may not exceed $750,000 for a fiscal year.
+
+(2) Grant awards.— (A) In general.— Except as provided in subparagraph (B), the Secretary may, with respect to a community, make a grant to one eligible applicant that represents that community.
+
+(B) Exception.— The Secretary may make a grant to more than one eligible applicant that represent 11 So in original. Probably should be “represents”. a community if—
+
+(i) the eligible coalitions demonstrate that the coalitions are collaborating with one another; and
+
+(ii) each of the coalitions has independently met the requirements set forth in subsection (a).
+
+(c) Condition Relating to Proceeds of Asset Forfeitures.— (1) In general.— No grant may be made or renewed under this part to any State or local law enforcement agency or prosecutor unless the agency or prosecutor agrees to donate to the Secretary of the Treasury for the program established under this part any amount received by such agency or prosecutor (after the grant is made) pursuant to any criminal or civil forfeiture under chapter 46 of title 18, United States Code, or any similar provision of State law.
+
+(2) Scope of application.— Paragraph (1) shall not apply to any amount received by a State or local law enforcement agency or prosecutor pursuant to any criminal or civil forfeiture referred to in such paragraph in excess of the aggregate amount of grants received by such agency or prosecutor under this part.
+
+(d) Rolling Grant Application Periods.— In establishing the program under this part, the Secretary shall take such action as may be necessary to ensure, to the extent practicable, that—
+
+(1) applications for grants under this part may be filed at any time during a fiscal year; and
+
+(2) some portion of the funds appropriated under this part for any such fiscal year will remain available for grant applications filed later in the fiscal year.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2946.)

legal/us/code/title-31/chapter-53/section-5353.md

@@ -0,0 +1,49 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5353"
+description: "Information collection and dissemination with respect to grant recipients"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5353"
+citation: "31 U.S.C. § 5353"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5353"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "3692a88ae4bf6e64fb4257e468045b526d592749df1728ff322bb7435d988f92"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "535c43039e21ad8493c143b86d7bead09beccd06b344549780b22a09fb7da72b"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5353 - Information collection and dissemination with respect to grant recipients
+
+## Text
+
+(a) Applicant and Grantee Information.— (1) Application process.— The Secretary shall issue requests for proposal, as necessary, regarding, with respect to the grants awarded under section 5352, the application process, grant renewal, and suspension or withholding of renewal grants. Each application under this paragraph shall be in writing and shall be subject to review by the Secretary.
+
+(2) Reporting.— The Secretary shall, to the maximum extent practicable and in a manner consistent with applicable law, minimize reporting requirements by a grant recipient and expedite any application for a renewal grant made under this part.
+
+(b) Activities of Secretary.— The Secretary may—
+
+(1) evaluate the utility of specific initiatives relating to the purposes of the program;
+
+(2) conduct an evaluation of the program; and
+
+(3) disseminate information described in this subsection to—
+
+(A) eligible State local law enforcement agencies or prosecutors; and
+
+(B) the general public.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2948.)

legal/us/code/title-31/chapter-53/section-5354.md

@@ -0,0 +1,37 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5354"
+description: "Grants for fighting money laundering and related financial crimes"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5354"
+citation: "31 U.S.C. § 5354"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5354"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "5c0c290adc7bbd437c7c58acea53483c99cc796855f68e5a2d63e6df22821c68"
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+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5354 - Grants for fighting money laundering and related financial crimes
+
+## Text
+
+(a) In General.— After the end of the 1-year period beginning on the date the first national strategy for combating money laundering and related financial crimes is submitted to the Congress in accordance with section 5341, and subject to subsection (b), the Secretary may review, select, and award grants for State or local law enforcement agencies and prosecutors to provide funding necessary to investigate and prosecute money laundering and related financial crimes in high-risk money laundering and related financial crime areas.
+
+(b) Special Preference.— Special preference shall be given to applications submitted to the Secretary which demonstrate collaborative efforts of two or more State and local law enforcement agencies or prosecutors who have a history of Federal, State, and local cooperative law enforcement and prosecutorial efforts in responding to such criminal activity.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2948.)

legal/us/code/title-31/chapter-53/section-5355.md

@@ -0,0 +1,41 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5355"
+description: "Authorization of appropriations"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5355"
+citation: "31 U.S.C. § 5355"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5355"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "d3f6351aced7b72403ae10fe4fb4b9d657807103f2b8f542bd994e5cda0afcee"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "bd147db35358ecfa8e94534d5d2f260639c4faca0b74d967a9e3cfc4e890d88c"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5355 - Authorization of appropriations
+
+## Text
+
+There are authorized to be appropriated the following amounts for the following fiscal years to carry out the purposes of this subchapter: For fiscal year:The amount authorized is: 1999 $5,000,000. 2000 $7,500,000. 2001 $10,000,000. 2002 $12,500,000. 2003 $15,000,000. 2004 $15,000,000. 2005 $15,000,000.
+
+(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2948; amended Pub. L. 108–458, title VI, § 6102(b), Dec. 17, 2004, 118 Stat. 3745.)
+
+## Notes
+
+Editorial Notes
+
+Amendments2004—Pub. L. 108–458 in table inserted items specifying amounts authorized for fiscal years 2004 and 2005.

legal/us/code/title-31/chapter-53/section-5361.md

@@ -0,0 +1,51 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5361"
+description: "Congressional findings and purpose"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5361"
+citation: "31 U.S.C. § 5361"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5361"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "915710cadb4068ed313a84240d3a82a9ef28451f8d6c7eca9eacc52b1bfb9bbb"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "6431e6bbc613ca00bf268548dd40298f5ea939c330f129975971563ebaa94991"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5361 - Congressional findings and purpose
+
+## Text
+
+(a) Findings.— Congress finds the following:
+
+(1) Internet gambling is primarily funded through personal use of payment system instruments, credit cards, and wire transfers.
+
+(2) The National Gambling Impact Study Commission in 1999 recommended the passage of legislation to prohibit wire transfers to Internet gambling sites or the banks which represent such sites.
+
+(3) Internet gambling is a growing cause of debt collection problems for insured depository institutions and the consumer credit industry.
+
+(4) New mechanisms for enforcing gambling laws on the Internet are necessary because traditional law enforcement mechanisms are often inadequate for enforcing gambling prohibitions or regulations on the Internet, especially where such gambling crosses State or national borders.
+
+(b) Rule of Construction.— No provision of this subchapter shall be construed as altering, limiting, or extending any Federal or State law or Tribal-State compact prohibiting, permitting, or regulating gambling within the United States.
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1952.)
+
+## Notes
+
+Statutory Notes and Related Subsidiaries
+
+Internet Gambling In or Through Foreign JurisdictionsPub. L. 109–347, title VIII, § 803, Oct. 13, 2006, 120 Stat. 1962, provided that: “(a) In General.—In deliberations between the United States Government and any foreign country on money laundering, corruption, and crime issues, the United States Government should—“(1) encourage cooperation by foreign governments and relevant international fora in identifying whether Internet gambling operations are being used for money laundering, corruption, or other crimes; “(2) advance policies that promote the cooperation of foreign governments, through information sharing or other measures, in the enforcement of this Act [probably means title VIII of Pub. L. 109–347, which enacted this subchapter, see Short Title of 2006 Amendment note set out under section 5301 of this title]; and “(3) encourage the Financial Action Task Force on Money Laundering, in its annual report on money laundering typologies, to study the extent to which Internet gambling operations are being used for money laundering purposes. “(b) Report Required.—The Secretary of the Treasury shall submit an annual report to the Congress on any deliberations between the United States and other countries on issues relating to Internet gambling.”

legal/us/code/title-31/chapter-53/section-5362.md

@@ -0,0 +1,183 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5362"
+description: "Definitions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5362"
+citation: "31 U.S.C. § 5362"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5362"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "37c759f544fedf2924ee82133e909dd501d52f06eab4568a344485226e99665f"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "8dbcb72c78cb70638b7552acf3b0e7e36b6e539fa7a1cc303f006df87408929f"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5362 - Definitions
+
+## Text
+
+In this subchapter:
+
+(1) Bet or wager.— The term “bet or wager”—
+
+(A) means the staking or risking by any person of something of value upon the outcome of a contest of others, a sporting event, or a game subject to chance, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome;
+
+(B) includes the purchase of a chance or opportunity to win a lottery or other prize (which opportunity to win is predominantly subject to chance);
+
+(C) includes any scheme of a type described in section 3702 of title 28;
+
+(D) includes any instructions or information pertaining to the establishment or movement of funds by the bettor or customer in, to, or from an account with the business of betting or wagering; and
+
+(E) does not include—
+
+(i) any activity governed by the securities laws (as that term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 11 So in original. Probably should be followed by a closing parenthesis. for the purchase or sale of securities (as that term is defined in section 3(a)(10) of that Act);
+
+(ii) any transaction conducted on or subject to the rules of a registered entity or exempt board of trade under the Commodity Exchange Act;
+
+(iii) any over-the-counter derivative instrument;
+
+(iv) any other transaction that—
+
+(I) is excluded or exempt from regulation under the Commodity Exchange Act; or
+
+(II) is exempt from State gaming or bucket shop laws under section 12(e) of the Commodity Exchange Act or section 28(a) of the Securities Exchange Act of 1934;
+
+(v) any contract of indemnity or guarantee;
+
+(vi) any contract for insurance;
+
+(vii) any deposit or other transaction with an insured depository institution;
+
+(viii) participation in any game or contest in which participants do not stake or risk anything of value other than—
+
+(I) personal efforts of the participants in playing the game or contest or obtaining access to the Internet; or
+
+(II) points or credits that the sponsor of the game or contest provides to participants free of charge and that can be used or redeemed only for participation in games or contests offered by the sponsor; or
+
+(ix) participation in any fantasy or simulation sports game or educational game or contest in which (if the game or contest involves a team or teams) no fantasy or simulation sports team is based on the current membership of an actual team that is a member of an amateur or professional sports organization (as those terms are defined in section 3701 of title 28) and that meets the following conditions:
+
+(I) All prizes and awards offered to winning participants are established and made known to the participants in advance of the game or contest and their value is not determined by the number of participants or the amount of any fees paid by those participants.
+
+(II) All winning outcomes reflect the relative knowledge and skill of the participants and are determined predominantly by accumulated statistical results of the performance of individuals (athletes in the case of sports events) in multiple real-world sporting or other events.
+
+(III) No winning outcome is based—
+
+(aa) on the score, point-spread, or any performance or performances of any single real-world team or any combination of such teams; or
+
+(bb) solely on any single performance of an individual athlete in any single real-world sporting or other event.
+
+(2) Business of betting or wagering.— The term “business of betting or wagering” does not include the activities of a financial transaction provider, or any interactive computer service or telecommunications service.
+
+(3) Designated payment system.— The term “designated payment system” means any system utilized by a financial transaction provider that the Secretary and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, jointly determine, by regulation or order, could be utilized in connection with, or to facilitate, any restricted transaction.
+
+(4) Financial transaction provider.— The term “financial transaction provider” means a creditor, credit card issuer, financial institution, operator of a terminal at which an electronic fund transfer may be initiated, money transmitting business, or international, national, regional, or local payment network utilized to effect a credit transaction, electronic fund transfer, stored value product transaction, or money transmitting service, or a participant in such network, or other participant in a designated payment system.
+
+(5) Internet.— The term “Internet” means the international computer network of interoperable packet switched data networks.
+
+(6) Interactive computer service.— The term “interactive computer service” has the meaning given the term in section 230(f) of the Communications Act of 1934 (47 U.S.C. 230(f)).
+
+(7) Restricted transaction.— The term “restricted transaction” means any transaction or transmittal involving any credit, funds, instrument, or proceeds described in any paragraph of section 5363 which the recipient is prohibited from accepting under section 5363.
+
+(8) Secretary.— The term “Secretary” means the Secretary of the Treasury.
+
+(9) State.— The term “State” means any State of the United States, the District of Columbia, or any commonwealth, territory, or other possession of the United States.
+
+(10) Unlawful internet gambling.— (A) In general.— The term “unlawful Internet gambling” means to place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received, or otherwise made.
+
+(B) Intrastate transactions.— The term “unlawful Internet gambling” does not include placing, receiving, or otherwise transmitting a bet or wager where—
+
+(i) the bet or wager is initiated and received or otherwise made exclusively within a single State;
+
+(ii) the bet or wager and the method by which the bet or wager is initiated and received or otherwise made is expressly authorized by and placed in accordance with the laws of such State, and the State law or regulations include—
+
+(I) age and location verification requirements reasonably designed to block access to minors and persons located out of such State; and
+
+(II) appropriate data security standards to prevent unauthorized access by any person whose age and current location has not been verified in accordance with such State’s law or regulations; and
+
+(iii) the bet or wager does not violate any provision of—
+
+(I) the Interstate Horseracing Act of 1978 (15 U.S.C. 3001 et seq.);
+
+(II) chapter 178 of title 28 (commonly known as the “Professional and Amateur Sports Protection Act”);
+
+(III) the Gambling Devices Transportation Act (15 U.S.C. 1171 et seq.); or
+
+(IV) the Indian Gaming Regulatory Act (25 U.S.C. 2701 et seq.).
+
+(C) Intratribal transactions.— The term “unlawful Internet gambling” does not include placing, receiving, or otherwise transmitting a bet or wager where—
+
+(i) the bet or wager is initiated and received or otherwise made exclusively—
+
+(I) within the Indian lands of a single Indian tribe (as such terms are defined under the Indian Gaming Regulatory Act); or
+
+(II) between the Indian lands of 2 or more Indian tribes to the extent that intertribal gaming is authorized by the Indian Gaming Regulatory Act;
+
+(ii) the bet or wager and the method by which the bet or wager is initiated and received or otherwise made is expressly authorized by and complies with the requirements of—
+
+(I) the applicable tribal ordinance or resolution approved by the Chairman of the National Indian Gaming Commission; and
+
+(II) with respect to class III gaming, the applicable Tribal-State Compact;
+
+(iii) the applicable tribal ordinance or resolution or Tribal-State Compact includes—
+
+(I) age and location verification requirements reasonably designed to block access to minors and persons located out of the applicable Tribal lands; and
+
+(II) appropriate data security standards to prevent unauthorized access by any person whose age and current location has not been verified in accordance with the applicable tribal ordinance or resolution or Tribal-State Compact; and
+
+(iv) the bet or wager does not violate any provision of—
+
+(I) the Interstate Horseracing Act of 1978 (15 U.S.C. 3001 et seq.);
+
+(II) chapter 178 of title 28 (commonly known as the “Professional and Amateur Sports Protection Act”);
+
+(III) the Gambling Devices Transportation Act (15 U.S.C. 1171 et seq.); or
+
+(IV) the Indian Gaming Regulatory Act (25 U.S.C. 2701 et seq.).
+
+(D) Interstate horseracing.— (i) In general.— The term “unlawful Internet gambling” shall not include any activity that is allowed under the Interstate Horseracing Act of 1978 (15 U.S.C. 3001 et seq.).
+
+(ii) Rule of construction regarding preemption.— Nothing in this subchapter may be construed to preempt any State law prohibiting gambling.
+
+(iii) Sense of congress.— It is the sense of Congress that this subchapter shall not change which activities related to horse racing may or may not be allowed under Federal law. This subparagraph is intended to address concerns that this subchapter could have the effect of changing the existing relationship between the Interstate Horseracing Act and other Federal statutes in effect on the date of the enactment of this subchapter. This subchapter is not intended to change that relationship. This subchapter is not intended to resolve any existing disagreements over how to interpret the relationship between the Interstate Horseracing Act and other Federal statutes.
+
+(E) Intermediate routing.— The intermediate routing of electronic data shall not determine the location or locations in which a bet or wager is initiated, received, or otherwise made.
+
+(11) Other terms.— (A) Credit; creditor; credit card; and card issuer.— The terms “credit”, “creditor”, “credit card”, and “card issuer” have the meanings given the terms in section 103 of the Truth in Lending Act (15 U.S.C. 1602).
+
+(B) Electronic fund transfer.— The term “electronic fund transfer”—
+
+(i) has the meaning given the term in section 903 of the Electronic Fund Transfer Act (15 U.S.C. 1693a), except that the term includes transfers that would otherwise be excluded under section 903(6)(E) of that Act; and
+
+(ii) includes any fund transfer covered by Article 4A of the Uniform Commercial Code, as in effect in any State.
+
+(C) Financial institution.— The term “financial institution” has the meaning given the term in section 903 of the Electronic Fund Transfer Act, except that such term does not include a casino, sports book, or other business at or through which bets or wagers may be placed or received.
+
+(D) Insured depository institution.— The term “insured depository institution”—
+
+(i) has the meaning given the term in section 3(c) of the Federal Deposit Insurance Act (12 U.S.C. 1813(c)); and
+
+(ii) includes an insured credit union (as defined in section 101 of the Federal Credit Union Act).
+
+(E) Money transmitting business and money transmitting service.— The terms “money transmitting business” and “money transmitting service” have the meanings given the terms in section 5330(d) (determined without regard to any regulations prescribed by the Secretary thereunder).
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1953.)
+
+## Notes
+
+Editorial Notes
+
+References in TextSections 3(a)(47) and 28(a) of the Securities Exchange Act of 1934, referred to in par. (1)(E)(i), (iv)(II), are classified to sections 78c(a)(47) and 78bb(a), respectively, of Title 15, Commerce and Trade. The Commodity Exchange Act, referred to in par. (1)(E)(ii), (iv)(II), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is classified generally to chapter 1 (§ 1 et seq.) of Title 7, Agriculture. Section 12(e) of the Act is classified to section 16(e) of Title 7. For complete classification of this Act to the Code, see section 1 of Title 7 and Tables. The Interstate Horseracing Act of 1978, referred to in par. (10)(B)(iii)(I), (C)(iv)(I), (D)(i), (iii), is Pub. L. 95–515, Oct. 25, 1978, 92 Stat. 1811, which is classified generally to chapter 57 (§ 3001 et seq.) of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see Short Title note set out under section 3001 of Title 15 and Tables. The Gambling Devices Transportation Act, referred to in par. (10)(B)(iii)(III), (C)(iv)(III), is act Jan. 2, 1951, ch. 1194, 64 Stat. 1134, which is classified generally to chapter 24 (§ 1171 et seq.) of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see Short Title note set out under section 1171 of Title 15 and Tables. The Indian Gaming Regulatory Act, referred to in par. (10)(B)(iii)(IV), (C)(i), (iv)(IV), is Pub. L. 100–497, Oct. 17, 1988, 102 Stat. 2467, which is classified principally to chapter 29 (§ 2701 et seq.) of Title 25, Indians. For complete classification of this Act to the Code, see Short Title note set out under section 2701 of Title 25 and Tables. The date of the enactment of this subchapter, referred to in par. (10)(D)(iii), is the date of enactment of Pub. L. 109–347, which was approved Oct. 13, 2006. Section 101 of the Federal Credit Union Act, referred to in par. (11)(D)(ii), is classified to section 1752 of Title 12, Banks and Banking.

legal/us/code/title-31/chapter-53/section-5363.md

@@ -0,0 +1,43 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5363"
+description: "Prohibition on acceptance of any financial instrument for unlawful Internet gambling"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5363"
+citation: "31 U.S.C. § 5363"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5363"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "4edd05eae567f5bce181d987a6cb883c12b51071c5c1872a2f3638b78e92bae2"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "3d60a08e7cde866896dd168676f722a24d7426a773ac8e10072ee4c84ad1f90f"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5363 - Prohibition on acceptance of any financial instrument for unlawful Internet gambling
+
+## Text
+
+No person engaged in the business of betting or wagering may knowingly accept, in connection with the participation of another person in unlawful Internet gambling—
+
+(1) credit, or the proceeds of credit, extended to or on behalf of such other person (including credit extended through the use of a credit card);
+
+(2) an electronic fund transfer, or funds transmitted by or through a money transmitting business, or the proceeds of an electronic fund transfer or money transmitting service, from or on behalf of such other person;
+
+(3) any check, draft, or similar instrument which is drawn by or on behalf of such other person and is drawn on or payable at or through any financial institution; or
+
+(4) the proceeds of any other form of financial transaction, as the Secretary and the Board of Governors of the Federal Reserve System may jointly prescribe by regulation, which involves a financial institution as a payor or financial intermediary on behalf of or for the benefit of such other person.
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1957.)

legal/us/code/title-31/chapter-53/section-5364.md

@@ -0,0 +1,85 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5364"
+description: "Policies and procedures to identify and prevent restricted transactions"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5364"
+citation: "31 U.S.C. § 5364"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5364"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "aca2ef3c54cf5211d32f5d3597c711138aa8d1456f50670dcf7fa2f45acaa3ce"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "9e3f66579ba0c38db2a556d255cb952314931cac9c201325ceddcf984a49fa4a"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5364 - Policies and procedures to identify and prevent restricted transactions
+
+## Text
+
+(a) Regulations.— Before the end of the 270-day period beginning on the date of the enactment of this subchapter, the Secretary and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, shall prescribe regulations (which the Secretary and the Board jointly determine to be appropriate) requiring each designated payment system, and all participants therein, to identify and block or otherwise prevent or prohibit restricted transactions through the establishment of policies and procedures reasonably designed to identify and block or otherwise prevent or prohibit the acceptance of restricted transactions in any of the following ways:
+
+(1) The establishment of policies and procedures that—
+
+(A) allow the payment system and any person involved in the payment system to identify restricted transactions by means of codes in authorization messages or by other means; and
+
+(B) block restricted transactions identified as a result of the policies and procedures developed pursuant to subparagraph (A).
+
+(2) The establishment of policies and procedures that prevent or prohibit the acceptance of the products or services of the payment system in connection with a restricted transaction.
+
+(b) Requirements for Policies and Procedures.— In prescribing regulations under subsection (a), the Secretary and the Board of Governors of the Federal Reserve System shall—
+
+(1) identify types of policies and procedures, including nonexclusive examples, which would be deemed, as applicable, to be reasonably designed to identify and block or otherwise prevent or prohibit the acceptance of the products or services with respect to each type of restricted transaction;
+
+(2) to the extent practical, permit any participant in a payment system to choose among alternative means of identifying and blocking, or otherwise preventing or prohibiting the acceptance of the products or services of the payment system or participant in connection with, restricted transactions;
+
+(3) exempt certain restricted transactions or designated payment systems from any requirement imposed under such regulations, if the Secretary and the Board jointly find that it is not reasonably practical to identify and block, or otherwise prevent or prohibit the acceptance of, such transactions; and
+
+(4) ensure that transactions in connection with any activity excluded from the definition of unlawful internet gambling in subparagraph (B), (C), or (D)(i) of section 5362(10) are not blocked or otherwise prevented or prohibited by the prescribed regulations.
+
+(c) Compliance With Payment System Policies and Procedures.— A financial transaction provider shall be considered to be in compliance with the regulations prescribed under subsection (a) if—
+
+(1) such person relies on and complies with the policies and procedures of a designated payment system of which it is a member or participant to—
+
+(A) identify and block restricted transactions; or
+
+(B) otherwise prevent or prohibit the acceptance of the products or services of the payment system, member, or participant in connection with restricted transactions; and
+
+(2) such policies and procedures of the designated payment system comply with the requirements of regulations prescribed under subsection (a).
+
+(d) No Liability for Blocking or Refusing To Honor Restricted Transactions.— A person that identifies and blocks a transaction, prevents or prohibits the acceptance of its products or services in connection with a transaction, or otherwise refuses to honor a transaction—
+
+(1) that is a restricted transaction;
+
+(2) that such person reasonably believes to be a restricted transaction; or
+
+(3) as a designated payment system or a member of a designated payment system in reliance on the policies and procedures of the payment system, in an effort to comply with regulations prescribed under subsection (a),
+
+shall not be liable to any party for such action.
+
+(e) Regulatory Enforcement.— The requirements under this section shall be enforced exclusively by—
+
+(1) the Federal functional regulators, with respect to the designated payment systems and financial transaction providers subject to the respective jurisdiction of such regulators under section 505(a) of the Gramm-Leach-Bliley Act and section 5g of the Commodities Exchange Act; and
+
+(2) the Federal Trade Commission, with respect to designated payment systems and financial transaction providers not otherwise subject to the jurisdiction of any Federal functional regulators (including the Commission) as described in paragraph (1).
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1958.)
+
+## Notes
+
+Editorial Notes
+
+References in TextThe date of the enactment of this subchapter, referred to in subsec. (a), is the date of enactment of Pub. L. 109–347, which was approved Oct. 13, 2006. Section 505(a) of the Gramm-Leach-Bliley Act, referred to in subsec. (e)(1), is classified to section 6805(a) of Title 15, Commerce and Trade. Section 5g of the Commodities Exchange Act, referred to in subsec. (e)(1), is classified to section 7b–2 of Title 7, Agriculture.

legal/us/code/title-31/chapter-53/section-5365.md

@@ -0,0 +1,77 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5365"
+description: "Civil remedies"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5365"
+citation: "31 U.S.C. § 5365"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5365"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "68c1ac02123f17fad09e699ee86279bb71dee9a4f78012446a7389fa496327a9"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "c96638429fc9da747bb6c8cac0380a7bc6841ee25585f3a1b726c6b89f1a2c05"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5365 - Civil remedies
+
+## Text
+
+(a) Jurisdiction.— In addition to any other remedy under current law, the district courts of the United States shall have original and exclusive jurisdiction to prevent and restrain restricted transactions by issuing appropriate orders in accordance with this section, regardless of whether a prosecution has been initiated under this subchapter.
+
+(b) Proceedings.— (1) Institution by federal government.— (A) In general.— The United States, acting through the Attorney General, may institute proceedings under this section to prevent or restrain a restricted transaction.
+
+(B) Relief.— Upon application of the United States under this paragraph, the district court may enter a temporary restraining order, a preliminary injunction, or an injunction against any person to prevent or restrain a restricted transaction, in accordance with rule 65 of the Federal Rules of Civil Procedure.
+
+(2) Institution by state attorney general.— (A) In general.— The attorney general (or other appropriate State official) of a State in which a restricted transaction allegedly has been or will be initiated, received, or otherwise made may institute proceedings under this section to prevent or restrain the violation or threatened violation.
+
+(B) Relief.— Upon application of the attorney general (or other appropriate State official) of an affected State under this paragraph, the district court may enter a temporary restraining order, a preliminary injunction, or an injunction against any person to prevent or restrain a restricted transaction, in accordance with rule 65 of the Federal Rules of Civil Procedure.
+
+(3) Indian lands.— (A) In general.— Notwithstanding paragraphs (1) and (2), for a restricted transaction that allegedly has been or will be initiated, received, or otherwise made on Indian lands (as that term is defined in section 4 of the Indian Gaming Regulatory Act)—
+
+(i) the United States shall have the enforcement authority provided under paragraph (1); and
+
+(ii) the enforcement authorities specified in an applicable Tribal-State Compact negotiated under section 11 of the Indian Gaming Regulatory Act (25 U.S.C. 2710) shall be carried out in accordance with that compact.
+
+(B) Rule of construction.— No provision of this section shall be construed as altering, superseding, or otherwise affecting the application of the Indian Gaming Regulatory Act.
+
+(c) Limitation Relating to Interactive Computer Services.— (1) In general.— Relief granted under this section against an interactive computer service shall—
+
+(A) be limited to the removal of, or disabling of access to, an online site violating section 5363, or a hypertext link to an online site violating such section, that resides on a computer server that such service controls or operates, except that the limitation in this subparagraph shall not apply if the service is subject to liability under this section under section 5367;
+
+(B) be available only after notice to the interactive computer service and an opportunity for the service to appear are provided;
+
+(C) not impose any obligation on an interactive computer service to monitor its service or to affirmatively seek facts indicating activity violating this subchapter;
+
+(D) specify the interactive computer service to which it applies; and
+
+(E) specifically identify the location of the online site or hypertext link to be removed or access to which is to be disabled.
+
+(2) Coordination with other law.— An interactive computer service that does not violate this subchapter shall not be liable under section 1084(d) of title 18, except that the limitation in this paragraph shall not apply if an interactive computer service has actual knowledge and control of bets and wagers and—
+
+(A) operates, manages, supervises, or directs an Internet website at which unlawful bets or wagers may be placed, received, or otherwise made or at which unlawful bets or wagers are offered to be placed, received, or otherwise made; or
+
+(B) owns or controls, or is owned or controlled by, any person who operates, manages, supervises, or directs an Internet website at which unlawful bets or wagers may be placed, received, or otherwise made, or at which unlawful bets or wagers are offered to be placed, received, or otherwise made.
+
+(d) Limitation on Injunctions Against Regulated Persons.— Notwithstanding any other provision of this section, and subject to section 5367, no provision of this subchapter shall be construed as authorizing the Attorney General of the United States, or the attorney general (or other appropriate State official) of any State to institute proceedings to prevent or restrain a restricted transaction against any financial transaction provider, to the extent that the person is acting as a financial transaction provider.
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1959.)
+
+## Notes
+
+Editorial Notes
+
+References in TextRule 65 of the Federal Rules of Civil Procedure, referred to in subsec. (b)(1)(B), (2)(B), is set out in the Appendix to Title 28, Judiciary and Judicial Procedure. The Indian Gaming Regulatory Act, referred to in subsec. (b)(3), is Pub. L. 100–497, Oct. 17, 1988, 102 Stat. 2467, which is classified principally to chapter 29 (§ 2701 et seq.) of Title 25, Indians. Section 4 of the Act is classsified to section 2703 of Title 25. For complete classification of this Act to the Code, see Short Title note set out under section 2701 of Title 25 and Tables.

legal/us/code/title-31/chapter-53/section-5366.md

@@ -0,0 +1,37 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5366"
+description: "Criminal penalties"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5366"
+citation: "31 U.S.C. § 5366"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5366"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "2b3dc318af574c01a82897cca0e5ed695c6f454614545ee539788f19e3923f50"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "90c6fe4d4294ad410e16aa4569f164a9eede55b6e8e9f8a93dbbbe901cdee154"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5366 - Criminal penalties
+
+## Text
+
+(a) In General.— Any person who violates section 5363 shall be fined under title 18, imprisoned for not more than 5 years, or both.
+
+(b) Permanent Injunction.— Upon conviction of a person under this section, the court may enter a permanent injunction enjoining such person from placing, receiving, or otherwise making bets or wagers or sending, receiving, or inviting information assisting in the placing of bets or wagers.
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1961.)

legal/us/code/title-31/chapter-53/section-5367.md

@@ -0,0 +1,39 @@
+---
+type: "LegalText"
+title: "31 U.S.C. § 5367"
+description: "Circumventions prohibited"
+jurisdiction: "us"
+corpus: "united_states_code"
+kind: "code_section"
+title_number: 31
+title_name: "MONEY AND FINANCE"
+chapter_number: "53"
+chapter_name: "MONETARY TRANSACTIONS"
+section: "5367"
+citation: "31 U.S.C. § 5367"
+status: "current"
+release_point: "119-100"
+release_date: "2026-06-26"
+source: "official"
+source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip"
+source_identifier: "/us/usc/t31/s5367"
+source_file: "data/legal/raw/us/code/title-31/usc31.xml"
+source_hash: "53f0f6c0170ff3316ba2cde9809417fdd96811a3b6a0d1fbda0f0eee4d8f3978"
+raw_snapshot_hash: "94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704"
+text_hash: "6c073621b9f541313c6dfe8974b0bc46d4a4ddf39250c6025d62da0bd047a014"
+retrieved_at: "2026-07-04"
+confidence: "official"
+tags: ["legal", "us-code"]
+---
+
+# 31 U.S.C. § 5367 - Circumventions prohibited
+
+## Text
+
+Notwithstanding section 5362(2), a financial transaction provider, or any interactive computer service or telecommunications service, may be liable under this subchapter if such person has actual knowledge and control of bets and wagers, and—
+
+(1) operates, manages, supervises, or directs an Internet website at which unlawful bets or wagers may be placed, received, or otherwise made, or at which unlawful bets or wagers are offered to be placed, received, or otherwise made; or
+
+(2) owns or controls, or is owned or controlled by, any person who operates, manages, supervises, or directs an Internet website at which unlawful bets or wagers may be placed, received, or otherwise made, or at which unlawful bets or wagers are offered to be placed, received, or otherwise made.
+
+(Added Pub. L. 109–347, title VIII, § 802(a), Oct. 13, 2006, 120 Stat. 1961.)